Pi Network: $0.35 or Bust? 🚀🤑

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Oh, the fickle dance of numbers, the waltz of Pi Network’s price at the precipice of $0.35! 🕺💸 Like a poet clinging to a fleeting rhyme, traders grasp at this support level, where volume has piled like autumn leaves, heavy and unyielding. Technical whispers-or shall we say, screams?-hint at a bullish reversal, a phoenix rising from the ashes of downward pressure. Or perhaps, just another mirage in the desert of crypto markets? 🌵🤔

  • Pi Network clings to $0.35 like a lover to a promise, now fortified by the point of control. 💑📊
  • Resistance at $0.50 and $0.70 looms like distant mountains, taunting the bulls. 🏔️🐂
  • Volume fades at support-accumulation or just traders taking a nap? 😴💤

Weeks of downward spirals, like a tragic verse in a forgotten poem, have led Pi Network to this crossroads. $0.35 stands firm, a bastion against the bears, with value area lows and candle rejections singing its praises. And lo! The network prepares for a grand upgrade, aligning with Stellar’s Protocol 23-a move as ambitious as a poet rewriting the classics. 🖋️✨ If buyers hold their ground, Pi might ascend, though whether it’s heaven or just a higher ledge remains to be seen. 🌤️⛅

Pi Network’s Technical Ballet

  • Support Strength: The point of control has shifted to $0.35, a structural base as solid as a Russian winter. ❄️🏰
  • Resistance Targets: Local resistance hovers like a skeptical critic, while $0.50 and $0.70 await, volumes roaring like a crowd at a poetry slam. 🎤📢
  • Volume Profile: Declining volume at support-accumulation or just the market catching its breath? 🧘♂️💨

Ah, $0.35-a number now etched into the hearts of Pi enthusiasts like a recurring motif in a novel. The point of control has crowned it, volume has anointed it, and candles have tested it, yet it stands, unyielding. A foundation for a bullish reversal? Or merely a resting place before the next plunge? 🌊🤹♂️

To rise, Pi must breach local resistance, a feat as daunting as convincing a critic of your genius. Should it succeed, the bearish structure crumbles, and a bullish narrative takes flight. $0.50 beckons, a high-time-frame resistance with the allure of a siren’s song. Beyond lies $0.70, a macro level as distant as a poet’s dream. 🌌💭

Volume, that fickle muse, offers clues. Declining activity at support suggests accumulation-or perhaps just traders scrolling memes instead of charts. 🍿📱 The absence of a breakdown hints at exhausted sellers, leaving room for buyers to seize the stage. Yet, without sustained demand, any upward move risks being a fleeting performance, a one-hit wonder in the crypto concert. 🎶🎭

The Price Action Odyssey

As long as $0.35 holds, Pi Network’s journey to $0.50-and perhaps $0.70-remains a plausible tale. But should the swing low break, the narrative shatters, leaving only the echoes of what could have been. 🪨💔

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2025-09-03 18:00