#PI The price movement of Pi Network around April 1 can be analyzed through Technical Analysis, market

1. Price Trends and Technical Analysis
1. The short-term rebound signal is strong.
After experiencing a significant drop of 70% in the last week of March, Pi coin has formed an ascending triangle technical pattern, which is a typical bullish reversal signal indicating that bearish forces are weakening and bulls are gradually taking control. As of March 28, the coin price rebounded approximately 15% from its low, and the Relative Strength Index (RSI) has recovered from the oversold territory (below 30) to the neutral range, showing that selling pressure has eased.
◦ Breakthrough target price: Based on the height of the triangle, the short-term target price is 0.94-1 USD, which has about a 15% upside potential compared to the current price (data from March 28). If the horizontal resistance level (around 0.85 USD) is successfully broken, it may trigger more buying momentum, pushing the price further up.
2. Mainnet Ecosystem and User Dynamics
The Pi Network mainnet was launched in February 2025, and the KYC and mainnet migration grace period ends on March 14. Subsequently, user activity and real transaction volume will be key to price stability. Currently, the circulating supply is 21 million coins (circulation rate 100%), but due to not being listed on mainstream exchanges, public market data is lacking, and prices rely more on over-the-counter trading and speculative sentiment.