The price of Pi Network is showing renewed strength after successfully defending the critical support level at $0.21. With buyers stepping in to absorb selling pressure, the market is signaling a potential short-term rally toward the $0.25 resistance zone as bullish momentum builds.

A Confluence of Support at $0.21

The $0.21 mark has proven to be a robust demand zone, reinforced by a combination of technical factors. This level aligns with the value area low, a bullish order block, and the 0.618 Fibonacci retracement level, creating a strong technical foundation for a potential market bottom. Price action has started to rotate higher from this area, suggesting a return of buyer interest.

As long as Pi Network maintains daily candle closes above $0.21, the short-term trend remains positive. The immediate challenge for bulls is to overcome the next major resistance at $0.25, a key liquidity area that has previously rejected upward price movements.

Future Scenarios and Key Levels to Watch

If Pi Network continues to build on its current momentum, a test of the $0.25 resistance appears likely. A decisive breakout above this level, supported by sustained trading volume, would confirm the continuation of the bullish trend and open the door for further expansion. The presence of strong volume will be crucial for validating any push higher.

However, if the move toward $0.25 is met with low volume or a strong rejection, the price may enter a consolidation phase, trading within the $0.21 to $0.25 range. Conversely, a failure to hold the $0.21 support would invalidate the current bullish setup and could trigger a retest of lower support near $0.19.

Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial advice, investment advice, or any other sort of advice. You should not treat any of the website’s content as such. Always conduct your own research and consult with a professional financial advisor before making any investment decisions.