The Pi Network price today trades around $0.603 after briefly rallying to a high of $0.638. The breakout follows a clean trendline reclaim and high-volume push through the $0.55–$0.57 resistance cluster. However, the parabolic leg is now showing signs of short-term exhaustion, as momentum indicators begin to cool.
What’s Happening With Pi Network’s Price?
On the 1-day chart, Pi Network price action shows a major breakout from consolidation, ending a multi-week downtrend that had capped price below $0.55. The strong green daily candle has breached key trendline resistance while flipping the $0.5743 and $0.5486 levels into support.
This breakout follows a textbook structure of higher lows and trendline compression seen across the 4-hour chart, where the move was confirmed by multiple bullish breaks (marked B) across mid-June. The ascending support from the $0.4743 base was respected cleanly, leading to a sharp impulsive wave.
Still, a declining long-term resistance trendline from May remains active above $1.00. This larger macro cap near $1.0104 and $1.4195…
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