Relative Strength Index (RSI) Analysis
for Pi (PI) 🔥🔥🔥
Support and resistance levels
for Pi (PI) 🔥🔥🔥
The RSI is currently at 57.78, which places it in neutral to slightly bullish territory. This suggests that there is still room for further upward movement before the market enters an overbought condition, which typically occurs above 70. The RSI previously spiked above 70, signaling an overbought scenario, followed by a corrective pullback, which allowed the market to reset its momentum. The indicator has since rebounded from around 50, confirming that buyers remain active in the market.
Support and resistance levels for Pi (PI):))
Pi Network (PI/USDT) is currently testing strong resistance at $1.6990, where previous price rejections have occurred. If this level is decisively broken with strong volume, the next target lies around $1.72, with a potential upside extension toward $1.80. However, the failure to break $1.6990 could lead to a correction, especially if selling pressure increases. The nearest support level is at $1.6370, which aligns with the 20-day SMA of the Bollinger Bands. If price falls below this level, the next major support lies at $1.5980, which has previously acted as a strong demand zone
