Technical Notes Point to Bullish Setup
Pi Coin price broke through important micro-resistance at $0.65 on May 8 early trade hours. A breakthrough propelled by a golden cross on the MACD and persistent overbought indications on the RSI drove the Pi Network Coin value to $0.78—a level presently functioning as strong resistance.
Following high, the price went into a consolidation period spanning support at $0.70 to resistance at $0.78. Analyzers think a breakthrough above this area might set off a rapid climb. "If bullish momentum sustains, Pi could cross $0.80 and test $0.95 or even $1.00 in the next days," stated one technical expert.