$SOL #BinanceLeadsQ1
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Pi Network Must Break $0.75 to Confirm Bullish Momentum
Pi Network (PI) has shown a notable recovery from key support levels, gaining over 3% in the past 24 hours. With selling pressure easing, many traders interpret this rebound as a possible start of a new upward trend.
Well-known crypto analyst Xia, who has over 135K followers on X, noted that PI recently broke above the $0.63 resistance with strong volume—an encouraging sign of growing bullish momentum. Xia also highlighted the strong community interest, pointing to the 1.8 million participants in the latest Pi Fest as proof of ongoing engagement.
Crypto researcher Dr. Altcoin believes PI could recover further from the recent downturn, especially if more exchanges begin listing the token. Major platforms like Binance have so far held back due to compliance and verification concerns. Pi Network has officially requested Binance to accept Know Your Business (KYB) verification instead of the standard Know Your Customer (KYC) process.
Still, as demand for PI rises, Dr. Altcoin suggests top exchanges may eventually adapt to capture its growing trading volume.
Technically, PI is showing promising signs. The consistent formation of higher lows suggests underlying bullish pressure. RSI is climbing without becoming overbought, currently at 54.5, while the MACD has started turning positive, with green histogram bars hinting at an upcoming bullish crossover.
If PI breaks above the $0.6375 level, it could quickly rally past $0.72, offering more than 10% short-term upside. Long-term targets as high as $10 have led some