Pi price outlook: Breakout attempt at $0.0912 resistance in focus

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Pi jumps 15.46% to $0.0838 today

Highlights

Pi Network's mainnet surpassed 10.9 billion PI in migrated mining rewards, driving user adoption and token distribution progress.
A recent unlock of 103 million PI tokens heightened market supply, fueling increased selling pressure and affecting sentiment.
PI/USD remains strong short term with active buyers but faces potential for pullback, with a 2–3 day range forecast of $0.0734 to $0.0912.

Supply unlocks drive selling as mining milestone boosts engagement

Pi Network's mainnet has reached over 10.9 billion PI in migrated mining rewards, demonstrating a significant milestone in token distribution and highlighting the network's growing adoption, according to Cryptotimes. This development enhances liquidity and signals continued engagement from the user community. Meanwhile, The Coin Republic reports that a recent unlock of 103 million PI tokens has released additional supply into the market, triggering renewed selling activity and raising questions about the pace of any potential recovery. Both factors are actively shaping sentiment and liquidity conditions around PI.

Buy bias emerges despite overbought signals and volatility risk

Technically, PI is trading above the 20- and 50-day moving averages, while remaining decisively below the longer-term 200-day moving average. The Ichimoku Kijun sits at $0.0769, providing immediate support for the price. On the indicator front, the Relative Strength Index (RSI), Commodity Channel Index (CCI), Bull/Bear Power, Average Directional Index (ADX), and Awesome Oscillator reflect strong buyer dominance and a Buy bias. In contrast, Stochastic RSI is now overbought and the Moving Average Convergence Divergence (MACD) is neutral, suggesting limited short-term upside and increasing risk of mean reversion as volatility heightens.

Consolidation expected as momentum meets resistance and support

Looking ahead, the expected range for PI over the next 2–3 trading days is $0.0734 to $0.0912, reflecting a volatility band relative to current levels. The baseline scenario implies price consolidation between support at the Ichimoku Kijun and overhead resistance. If bullish momentum persists, PI may break above resistance and target higher price levels. A reversal is less likely at present, but a move below the $0.0769 support could open the door for further downside.

Viktoras Karapetjanc, expert at Traders Union, sees clear signs of robust adoption and strengthening fundamentals as key positives for PI. He believes the network milestone and strong technical position should keep sentiment constructive, even with tactical challenges from the token unlock event. The analyst remains confident that bullish flows will dominate in the near term, while price action above key supports reinforces the uptrend bias. "In my view, PI's fundamentals and market structure favor further upside, with any short-term setbacks likely to be met by renewed demand."

Earlier, analysts noted that Pi faced sustained bearish pressure as supply concerns and project delays weighed heavily on sentiment. The recent shift to bullish momentum—despite fresh token unlocks—signals improving participation, but traders should closely monitor the sustainability of the current uptrend given the heightened volatility and increased token circulation.

Source of Data: PI Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.