Date: Wed, June 25, 2025 | 05:30 AM GMT
The cryptocurrency market is showing strong signs of recovery as tensions between Israel and Iran ease. Ethereum (ETH) has rebounded sharply, jumping from its recent low of $2,113 to climb above the $2,425 level. Riding this momentum, altcoins are also bouncing — and Pi Network (PI) is leading the charge with an 12% gain in the last 24 hours.
Source: Coinmarketcap
But the real story may be what’s unfolding on PI’s chart — a fractal pattern that echoes the setup from its previous rally.
Fractal Suggests Upside Move Ahead
A closer look at the 4-hour chart for $PI reveals a structure that strongly resembles its price behavior in May 2025. At that time, the token had been trapped in a multi-week correction, consolidating quietly below the 100-period moving average (MA). But once it broke above the 100 MA, PI surged by over 170%, touching the long-term descending resistance trendline.
Pi Network (PI) 4H Chart/Coinsprobe (Source: Tradingview)
Now in June, the setup is starting to mirror that exact pattern.
Once again, PI has been consolidating in a tight range, within a broader downtrend. And once again, price action is reclaiming the 100 MA (currently at $0.5731), which previously acted as the breakout trigger. The current chart even shows a similar coiled structure just below the descending resistance — marked within a circular zone — almost identical to May’s setup.
What’s Next for PI?
If this fractal repeats, PI could be gearing up for another strong breakout, possibly heading toward the $0.83 zone — where the descending trendline acts as a key resistance.
However, for this bullish setup to confirm, PI must hold above the 100 MA with strong volume. A decisive breakout followed by sustained price action above $0.68 would boost confidence among bulls and could accelerate the next leg up.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.