Pi Network Rallies 25%, Top Daily Charts and Over Bitcoin
Pi Coin's price has increased by 25% in the last 24 hours, marking its biggest one-day gain since November 2025. The move also represents the first consecutive advance in six weeks.
The rally comes as broader crypto market sentiment calms down. Unlike previous short spikes, this breakout shows improvement in technical and initial signals.
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P coin holders and traders change position
The relative strength index, or RSI, is showing a rebound for Pi Coin after spending nearly a month in oversold territory. RSI readings below 30.0 usually indicate strong selling pressure. In this case, an extended depression followed a broader market decline.
Oversold conditions do not necessarily indicate an immediate reversal. Rather, they reflected long-term weakness. Historically, Pi Coin has formed a rally after breaking out of oversold zones. A recent move above the neutral threshold suggests strengthening bullish momentum.
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As the RSI moves higher, buying pressure appears to be more consistent. Improved speed signals that sellers may be losing control. If sustained, this shift could support further upside in Pi Coin's price action.
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Derivatives data reinforces the revised view. Pi Coin's funding rate has changed from negative to positive. A positive funding ratio indicates that long positions now dominate the futures market.
Previously, negative funding reflected a severe short position. The reversal indicates that traders are rotating from bearish to bullish exposure. Reduced short-term dominance reduces the likelihood of strong downside volatility in the near term.
Pi coin price is gaining support.
Pi Coin price is trading at $0.171 at press time, just below the $0.173 resistance level. This obstacle represents an immediate obstacle to further recovery. A significant breakout requires sustained buying pressure.
If the demand momentum continues, Pi Coin could climb above $0.180 and target $0.197. A move towards $0.212 would confirm a strong structural recovery. A return to that level would indicate a return to broader investor confidence.
However, the danger remains for those who stay out of the water for a long time. Pi Coin's rally may stop if profit-taking accelerates. A return to $0.150 or close to the all-time low of $0.130 would destroy the bullish thesis and re-introduce bearish pressure.
