$PI

After finding support around 0.089, PI gradually climbed to 0.0909 before falling back to around 0.09054, up 0.25% over 24 hours, with trading volume of approximately 493k USDT. This move is a mild recovery within a range, but a meaningful breakout is still needed to truly open up the upside.
Among the closed candlesticks, the 1-hour chart remains above the 20/50 moving averages at 0.09006/0.08996, while volume over the past 6 hours was approximately 1.11x the average of the previous 20 hours; however, the latest 6 15-minute candles were only around 65% of that level, showing that buying momentum faded after the surge. The 4-hour chart has also yet to break above the 50-period line at 0.09073, indicating short-term strength but medium-term pressure.
Pi Network is exploring a peer-to-peer Web3 ecosystem for everyday use through mobile access, its KYC identity system, and developer platform; the Open Network now allows external connections. Its long-term prospects still need to be continuously demonstrated through real-world application usage, developer activity, and onboarding of compliant merchants.
Watch 0.0901–0.0898 first on the downside, followed by 0.0896 and 0.0890; on the upside, 0.0909 comes first, followed by 0.09105. If the 1-hour chart holds above 0.0909 with increased volume, the recovery structure will become more solid; if 0.0898 breaks with rising volume, the short-term trend will return to range-bound choppiness. Which level are you watching? #PI #PiNetwork #GateSquare.