2 weeks ago
4
Key Takeaways
- Pi holds the key $0.087 retest.
- $0.100–$0.103 remains the immediate rejection zone.
- Fresh volume is needed for continuation.
- Broader trend remains firmly pointed lower.
The timing adds another layer to the setup. Pi Network’s new upgrade is expected today – July 22, creating a potential catalyst while the token remains more than 90% below its all-time high. The upgrade alone does not confirm a price move, but it arrives as Pi sits between clearly defined support and resistance levels.
The Recovery Has Already Met Its Target
The latest bounce began inside the $0.070–$0.072 capitulation zone, where record-volume selling was absorbed and the lows held on an immediate retest. That pattern produced a measured target near $0.10, which was effectively completed when Pi reached $0.1035.
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