๐ฃ๐ถ ๐๐ผ๐ถ๐ป ๐๐ฟ๐ฒ๐ฎ๐ธ๐ $๐ฌ.๐ฒ โ ๐๐๐ฝ๐ฒ ๐ข๐๐ฒ๐ฟ โ๐ฃ๐ถ๐ฎ๐๐ฎ๐โ ๐๐ผ๐๐น๐ฑ ๐ฃ๐๐๐ต ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ ๐ง๐ผ ๐ฆ๐ฌ.๐ณ
Pi Coin jumped 12.28% in 24 hours, now trading around $0.6004. The reason? All eyes are on Pi2Day โ the projectโs big annual event on June 28. Investors expect announcements on:
โ Mainnet roadmap progress
โ Easier KYC (identity verification)
โ dApp ecosystem expansion
โ Possible AI integrations
โ And maybe... CEX listings?
These expectations have triggered major interest and fresh capital inflows. Piโs market cap hit $4.51B, and volume jumped 24%, confirming strong demand.
๐ Technicals Show Strength โ But Also Overheating
Piโs price broke above the upper Bollinger Band at $0.586 โ this confirms bullish pressure.
It reached a 24-hour high of $0.6083, far above its recent average price line.
The RSI (Relative Strength Index) has jumped to 80.38, which means the coin is officially overbought.
๐จ What that means: The rally may slow down short-term as some traders take profits โ but as long as $0.586 holds as support, the trend remains bullish.
๐ Key Levels to Watch
Immediate support: $0.586 โ if this breaks, expect correction toward $0.55
Next resistance: $0.65 โ strong level from past rejections
Breakout target: $0.70 โ could be hit if Pi2Day delivers major news
Long-term boost: Confirmed exchange listing would trigger the next leg up
๐ง What Traders Should Do
Short-term traders: Watch RSI โ itโs high, so expect pullbacks. Donโt chase the pump blindly.
Swing traders: Wait for price to hold above $0.586, then target $0.65โ$0.70.
Long-term holders: Pi2Day could reshape sentiment. If you believe in the fundamentals, dips may be buying zones.
๐ Final Word
While technicals show signs of overheating, the growing hype suggests this rally may have more fuel left. Traders should stay alert and use clear support/resistance levels to manage risk.
