Pi Coin Price Forming Potential Cup-and-Handle Pattern Again? 🚀

Pi Coin price has stayed weirdly stable in early October 2025. Down just 2% month-on-month. Tiny movements weekly and daily - 0.6% and 1%. Pretty unusual stability for a token still sitting 60% below last year's mark.

This stability feels meaningful. Looks like another bullish cup-and-handle pattern might be brewing. Kind of like what happened before. The Pi Network ecosystem shows some positive signs underneath this pattern.

Building Bullish Pressure Under The Surface 🔥

MFI bounced back to 66 on the 4-hour chart. Pi's price wobbles don't seem to matter much. Buyers are quietly buying dips. If MFI pushes past 75-76? That's buyers taking control. Not just defending.

The Bull-Bear Power histogram turned green again. Reminds me of late August right before Pi surged. The rising MFI plus positive BBP? Seems like genuine buying pressure building underneath.

Cup-and-Handle Watch: $0.39 Is The Critical Level 📈

We've seen this movie before. Late August, this exact pattern sent Pi from $0.35 to $0.39. Nice 11-12% jump.

Similar setup now. Everything depends on that $0.39 neckline zone. Those pivot points at $0.3950 and $0.3983 matter. Get a solid 4-hour close above $0.39? Pattern activates. Maybe unlocks that 19% move.

Pi's journey isn't done though. It hits $0.39, we need to watch for that quick handle formation. The big move only starts after breaking past the handle cleanly.

For now? Just potential energy. No neckline break means Pi stays range-bound. Drop below $0.33 on a 4-hour close? Bullish case dead. Might even test that $0.32 all-time low.

Cup-and-handle patterns work about 60-70% of the time in 2025 markets. Backtesting shows 18% average returns when they play out right. Worth watching if you follow Pi Network. 🌕