Pi cryptocurrency is experiencing a bullish surge, currently trading at $0.6222 after a 7% gain. The dramatic rise in trading volume has jumped by over 232%, reaching $128 million. This follows a positive trend in the broader crypto market, with major assets showing significant green growth as they break through nearby resistance levels. PI’s performance stands out, showcasing a solid 7.21% surge in the past 24 hours. Early this week, its price reached a low of $0.5774 before the bullish rally propelled it towards $0.6486. If key resistance zones are breached, this could reinforce a significant upside correction. At present, PI is trading around the $0.6222 mark with a market capitalization of $4.38 billion. [Insert image or chart of PI’s price action here]** The four-hour candlestick on PI offers early indicators of recovery. Its target at $0.6342 resistance could signal a sustained upward momentum, triggering a potential rally to the $0.65 level. Conversely, if bears regain dominance, the price might retrace back towards the $0.60 range. A deeper correction or a potential bearish cross could push PI lower and bring about renewed bear pressure. The Moving Average Convergence Divergence (MACD) line remains above zero, signifying positive momentum. However, the signal line is just slightly above it, suggesting a possible weakening in strength. The Chaikin Money Flow (CMF) indicator sits at 0.19, indicating moderate buying pressure and bullish sentiment within the market. The RSI value of 62.02 signifies mild bullish momentum, which could reach the overbought zone. This indicates potential for further upside before hitting resistance.