Pi Network is trading just under $0.65, holding steady in a tightening range that’s now stretched across four sessions. After a sharp drop last week, the price found a floor near $0.62 and has since moved sideways, with lower volatility and increasingly flat momentum. That kind of setup doesn’t last forever.
This week’s price action suggests traders are watching the $0.66 ceiling closely, it’s been tested multiple times but never cleared. What makes this level important is how Pi has started to post slightly higher lows into it, suggesting that buyers are starting to lean in. So far, it’s all pressure, no breakout.
There’s no fresh headline driving the move, and that’s part of the story. While Bitcoin and Ethereum swing on macro data and ETF headlines, Pi has become a more technical market lately. Its movements are being driven by structure and trader sentiment, not catalysts. That’s why volume has dried up. But it also means any breakout above $0.66 could be sharp, as liquidity gaps begin to widen.
Key Technical Levels on PI/USDT
- Support continues to hold at $0.62, the base of the current range
- Resistance is still firm at $0.66, a rejection zone since Friday
- MACD turning flat, but still positive — a coil is forming
- RSI at 54.32, slowly pushing higher without overextension
If Pi clears $0.66, there’s a clean run toward $0.6931, the May 29 high. But failure to hold $0.62 would undo recent structure and expose the $0.59 support zone again.
This is classic range behaviour. No catalyst, just pressure. That makes the next breakout-up or down more meaningful. If you’re watching Pi, watch the structure, not the noise.
This article is also available in: Polski.