✅ The PI token skyrockets 9% in 24 hours, is this what the Bulls were waiting for?
PI, the native token of Pi Network, increased by more than 9 percent in the last 24 hours. The sudden surge pushed the price to a daily high of $0.8500 before stabilizing near $0.7993.
After a week of sideways movement, the increase marks a significant change, indicating growing bullish interest in the token. PI started the session above the support at $0.7350 and went on to clear several resistance areas.
After passing the short-term resistance areas at $0.7500 and $0.7750, the coin was on the verge of breaking above $0.8000. The token continued to gain strength as it approached $0.8500 and $0.8550.
If the price confirms above $0.8000, it could result in additional gains in the coming days. The support at $0.7350 has recently led the way, and further defenses at $0.7500 and $0.7750 have kept the bullish trend on track.
