I checked how the value of Pi Network has been recently, and it’s currently hovering around $0.17. With a 0.54% increase over 24 hours, it’s not a huge move, but it seems like there’s a gradual buyback coming in after the recent correction phase over the past few weeks.

What’s interesting is that Pi Network set a deadline for the mandatory upgrade of mainnet nodes on March 1st, but the market response since then has been still limited. Looking at the technicals, the 4-hour RSI is around 53, staying in the neutral zone, but there’s room for upward movement. The MACD is also starting to show bullish signals, so there’s a possibility of buying pressure coming in from here.

The resistance level is at $0.18, with support at $0.16 and $0.14. If it breaks through $0.18, we could see it heading toward $0.20. Many people are hoping for an increase in Pi Network’s value, but ultimately, it depends on the overall market sentiment. Personally, I think whether it can hold firmly above $0.16 is a key short-term point.