Pi coin price approaches the key support of 0.33 USD! A triple bottom pattern is brewing, and breaking through 0.85 USD requires meeting these conditions | PI price prediction

Pi Network (PI) continues to oscillate around the key support level of $0.33, testing this position multiple times to form a potential triple bottom pattern. If this support holds effectively and is accompanied by higher trade volumes, it may initiate a rebound to $0.85. However, the moving average line still suppresses the price, and a breakthrough of the point of control (POC) is necessary to reverse the long-term downtrend. Investors need to closely follow changes in trading volume and fundamental improvement signals brought by the Stellar protocol upgrade.

[Technical Patterns and Key Price Level Analysis]

(Source: TradingView)

The Pi coin weekly level continues the bearish structure of lower highs and lower lows, but is currently approaching an important turning point:

• Key support: $0.33 (tested three times without breaking, forming a potential triple bottom accumulation area)
• Control point resistance: $0.45-$0.50 (only a breakthrough in this area can confirm a trend reversal)
• Upside target: $0.85 (corresponding to the long-term downtrend resistance level)

For cryptocurrency users engaged in "bottom pattern trading" and "breakout strategies", the range of $0.33-$0.50 will become a key box for future directional choices.

[Trading Volume and Accumulation Signal Verification]

Despite the recent positive impact of the Stellar protocol 23 upgrade, on-chain data has not yet shown a large-scale inflow of funds:

• The current Trading Volume node has not shown significant bullish capital inflow.
• At least 3 consecutive days of higher trade volumes breaking through 150% of the 50-day MA are required to confirm accumulation.
• The repeated testing of the Value Area Low (VAL) indicates that selling pressure still exists.

It is recommended to use the "Trading Volume Divergence Indicator" and "Open Interest Changes" to assist in judging the direction of the main force.

[Long and Short Game and Trend Reversal Logic]

To achieve a trend reversal, three important factors must be met:

1. The price has formed at least two weeks of horizontal accumulation above $0.33.
2. The daily closing price effectively breaks through the control point (POC) of 0.50 dollars.
3. Trading Volume increases by more than 200% compared to the current level along with the breakout.

In the case of failure, a fall below $0.33 will open up a downward space to $0.25 (a further fall of 24% from the current price).

Conclusion

The Pi Network is at a critical time window for the bull-bear transition, and the strength of the support at 0.33 USD will determine the medium to long-term trend. It is recommended that investors adopt a "partial position building strategy," laying out the first position in the 0.33-0.40 range and adding positions after breaking through 0.50 USD. Continuous attention should be paid to the mainnet ecosystem progress and KYC approval rate, as these fundamental factors will ultimately determine whether Pi can truly achieve value discovery.