Pi resistance test: Upside targets to watch

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Pi jumps 7.32% today on protocol news

Highlights

Pi Network has mandated all Mainnet nodes upgrade to Protocol 26 by August 11, 2026, or risk disconnection.
The enforced upgrade deadline is boosting network stability and participation, driving increased market interest and positive momentum.
PI/USD shows strong bullish momentum and trades near today’s highs, with intraday range expected between $0.077 and $0.0879; technicals signal possible short-term exhaustion due to overbought conditions.

Enforced node upgrade deadline fuels network participation and optimism

Pi Network has initiated the rollout of Protocol 26 for its Mainnet nodes, mandating all operators to upgrade before August 11, 2026, to avoid being disconnected from the network, according to Cryptotimes. This decisive move compels node operators to maintain compliance, which is likely to enhance stability and participation across the network. The increased urgency around network upgrades and the enforced compliance deadline are supporting renewed market interest and contributing to the current positive momentum.

Robust intraday momentum meets overbought signals near resistance

On the h1 timeframe, PI/USD is positioned above the MA-20 at $0.0811 and the MA-50 at $0.0789, while on the daily chart the price remains below the MA-200 at $0.1566. Immediate technical support is found at the Ichimoku Kijun level at $0.0815. Robust momentum is highlighted by strong readings on the MACD and ADX, with Bull/Bear Power confirming buyer dominance intraday. However, overbought signals are evident across the RSI at 70.3, Stochastic RSI, and CCI, while the Awesome Oscillator also aligns with the prevailing upward trend.

High breakout risk as upside probability outweighs downside

In the near term, the expected PI/USD price range is between $0.077 and $0.0879, reflecting a typical volatility band relative to current levels. The probability of further upward movement is very high, with downside risk assessed as very low. Should the price consolidate, it will likely do so near the upper end of today's range. Any breakout above the current resistance may accelerate the advance, while a failure to hold above immediate support could prompt a corrective move.

Anton Kharitonov, expert at Traders Union, sees the enforced Protocol 26 upgrade as a key driver of short-term optimism for PI, with technical momentum strongly favoring buyers. He is cautious as key indicators are overbought, suggesting risk of a pullback if support fails. Upside potential remains, but sustaining above $0.0815 is critical to avoid correction. "I remain defensive here — unless PI consolidates above immediate support, I see limited room for further upside."

Earlier, analysts noted a shift toward mixed technical signals for Pi, with renewed ecosystem development hinting at a potential change in market direction. The rollout of Protocol 26 and associated compliance requirements now reinforce the prevailing bullish scenario, making sustained closes above the Ichimoku Kijun level of $0.0815 a key indicator for momentum continuity in the sessions ahead.

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.