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Pi Coin has just recorded something extraordinary. Three major time stamps are green at the same time. The monthly chart is up 9.5%, the weekly chart is up 2.1% and the last 24 hour chart is up 3.5%.
This is rare because the price of Pi Coin has always dropped about 40% in the framework of three months. The token is showing early strength while most of the market is still in a slow decline. The question now is simple: is this just a short bounce, or the start of a bigger move?
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A meeting of the symmetrical triangle appears as the cash flow becomes positive
PI stayed in a symmetrical triangle for weeks. This pattern usually indicates a decision, rather than the direction of the trend.
However, yesterday The price of Pi Coin It has broken the upper limit and is now testing the confirmation level near $0.229, which is a key level. A clean candle that closes above that line is the first sign that buyers are finally taking control.
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The next clue comes from Chaikin Money Flow (CMF). CMF measures whether money is moving into or out of an asset. Two days ago, the CMF broke its downtrend line, rising sharply from -0.09 to +0.05.
This growth shows that the encounter is not random. Large Pi Coin portfolios can intervene as the trend changes to bullish.
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The measure of relative volume (OBV) tells the other half of the story. OBV tracks buying and selling volume to show whether traders support the move. OBV touched lower, returning to the uptrend line on November 12-13, indicating that tick volume was not ready.
However, since November 14, the OBV has started to curve again. If OBV breaks its upper trend line, this confirms that Pi coin dealers In the retail sector I have now joined the movement sparked by the CMF hack.
The combination of a technical advance, increasing cash flow, and OBV recovery has Pi at its strongest setting in weeks.
Pi coin price levels to watch as momentum builds
If closed The coin price Pi Above $0.229, the move could extend to $0.236, representing an increase of about 4.2% from current levels. If the momentum continues, the next target is near $0.252, which previously served as a strong resistance.
However, the bullish setup may fail if the OBV turns back or CMF goes back into negative territory. Falling below $0.215 weakens the structure and reveals a slippage towards $0.208.
Currently, the price of Pi coin is showing rare strength in several time frames. Whether this strength continues depends on one line: $0.229. If the bulls defend him, PI may have more room to rise.
