🔄 Pi Price Setup: Bullish Engulfing Sparks Hope

As of August 25, Pi Network is trading at $0.34699, with a market cap of around $2.76B, showing strong sentiment with a bullish engulfing pattern on the weekly chart .

However, skeptics remain—critics argue that Pi’s current $2.8 B valuation lacks solid fundamentals and rides mostly on hype .

My Read:

A bullish candle suggests reversal potential—but the valuation concerns could cap any rapid gains in the near term.

❓ Your Call:

Is Pi’s chart setup enough to reignite momentum—or will skepticism block a rally?

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