Pi Technicals Hint at Bullish Reversal: Falling Wedge + Low Volatility Spark $1 Target Hopes
Pi (PI) is showing technical patterns that could signal a breakout. Analysts have identified a descending (falling) wedge on the charts — a formation often associated with bullish reversals. Adding to the optimism, volatility has dropped significantly, a condition that frequently precedes sharp price movements.
Together, these factors suggest that Pi may be gearing up for a potential rally. Could the token be on its way back toward the $1 level? Traders will be watching closely in the coming sessions for confirmation of this setup.