Pi Coin Price Poised for Breakout? Two Chart Patterns Indicate Potential Surge

Despite recent crypto market gains, Pi Coin (PI) has remained sluggish. However, the cryptocurrency shows signs of a potential bullish reversal with rare chart patterns like a double-bottom and falling wedge emerging. These formations suggest accumulation before a breakout if triggered by catalysts such as tier-1 exchange listing, token burn, or increased decentralization. However, a drop below its double-bottom support level would invalidate this bullish outlook.