Pi Coin (PI), the native cryptocurrency of the Pi Network, experienced a dramatic surge this week, jumping over 26% on Monday to reach $0.29 before a subsequent dip. Currently trading at $0.23, it’s still up 10% in the past 24 hours. The question on everyone’s mind is: can PI sustain this upward momentum? The surge began as soon as Monday morning trading opened following a weekend of sideways trading. This rapid rise was fueled by a massive increase in trading volume, with over $127 million recorded in a single day according to Coinmarketcap data. The token broke above both its 7-day moving averages, and the RSI climbed from 40 to 69 before dropping to 53 – showing initial bullish dominance but also signaling potential market saturation. 821.12% trading volume increase and a daily chart of Pi breaking above resistance are clear indicators. The future trajectory for PI Coin hinges on whether it can overcome the $0.28 resistance level. If it does, the coin might rise further; otherwise, it could drop towards $0.20.