Pi Token Price Stalls, But Technical Signals Suggest Breakout Ahead

Pi Coin’s price has hovered around $0.385 for months, a far cry from its peak of $3 in February. However, technical analysis reveals potential for a significant rebound. Charts suggest a bullish falling wedge pattern and Wyckoff accumulation phase, pointing towards a potential breakout to the $1 mark – a 165% gain from current levels. With tightening volatility indicators and potential catalysts such as listings on Binance or Upbit on the horizon, Pi may be nearing the end of its sideways grind.