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Will Pi Network Rise Higher? Important Fractal Signals Indicate Potential Rise Dynamics
The cryptocurrency market is showing strong signs of bounce back as tensions between Israel and Iran ease. Ethereum has bounced back strongly, surging from a recent low of $2,113 to above $2,425. Following this trend, altcoins are also recovering — and Pi Network is leading with a 12% increase in the past 24 hours. But the real story may be what is happening on the PI chart — a fractal pattern reflecting the setup from the previous bullish run. Fractal Suggests Upcoming Bullish Movement A closer look at the 4-hour chart of PI shows a structure very similar to its price behavior in May 2025. At that time, the token was stuck in a multi-week correction, quietly consolidating below the 100-period moving average (MA). But once it broke above the MA 100, PI surged over 170%, hitting the long-term descending resistance trend line.
In June, the situation is starting to accurately reflect that pattern. Once again, PI has consolidated within a narrow range, in a broader downtrend. And once again, the price action is reclaiming the current MA 100 which is $0.5731(, previously serving as the breakout trigger. The current chart even shows a similar rolling structure just below the descending resistance level — marked in a circular area — almost identical to the setup from May. What Is The Next Step Of PI? If this fractal repeats, PI may be preparing for another strong breakout, potentially towards the $0.83 area — where the downtrend line acts as a major resistance level. However, to confirm this bullish setup, PI must hold above the 100 MA with significant volume. A decisive breakout next is for the price action to maintain above $0.68, which will boost the confidence of the bulls and could accelerate the next rally. Disclaimer: This article is for informational purposes only and is not financial advice. Always do your own research before investing in cryptocurrency.