Pi Network is showing signs of recovery after weeks of heavy selling, with traders closely watching the upcoming Protocol v25 upgrade as a potential catalyst for further gains.
The cryptocurrency has rebounded nearly 39% from its all-time low recorded earlier this month, briefly approaching the important $0.10 resistance level before encountering selling pressure.
While the recent recovery has improved market sentiment, the next move depends on whether buyers can turn the Protocol v25 upgrade into sustained demand rather than another short-lived rally.
Protocol v25 Brings Fresh Optimism
The biggest catalyst behind Pi Network’s recent rebound is the scheduled rollout of Protocol v25.
The upgrade is designed to improve network stability while introducing new technologies that strengthen smart contract functionality and privacy features.
Among the key improvements are:
- Enhanced network reliability
- Support for BN254 cryptography
- Poseidon hashing integration
- Better infrastructure for privacy-focused smart contracts
- Improvements to the mining application
These updates are expected to make the network more efficient and provide developers with stronger tools for building decentralized applications.
The announcement has also renewed community interest, bringing more users back to the ecosystem after months of declining market confidence.
Pi Network Faces Strong Resistance at $0.10
Although the recent rally has been encouraging, Pi Network still faces an important technical challenge.
The psychological $0.10 level has acted as strong resistance, with sellers repeatedly defending that area.
From a technical perspective, PI remains inside a broader downtrend that has controlled price action for several months.
To confirm a stronger recovery, buyers will need to achieve a convincing daily close above $0.10.
If that happens, the next important resistance levels are:
- $0.12
- $0.135
- $0.150
Breaking above these levels would significantly improve the longer-term technical outlook.
Technical Indicators Show Improving Momentum
Several technical indicators suggest that buying momentum has started improving.
On shorter timeframes, Pi Network has moved above its Supertrend indicator, turning the signal bullish for the first time in several weeks.
Chaikin Money Flow has also moved into positive territory, indicating that buying pressure currently exceeds selling pressure.
The Aroon indicator shows that recent lows are losing influence, suggesting the previous downtrend may be weakening.
However, the recovery is not yet fully confirmed.
The rejection near $0.10 created a long upper wick on recent candles, showing that sellers remain active around higher prices.
Without stronger trading volume, buyers could struggle to overcome this resistance.
Bitcoin’s Recovery Is Supporting Altcoins
The broader cryptocurrency market has also helped improve Pi Network’s outlook.
Bitcoin’s recent recovery has boosted investor confidence across many altcoins, encouraging traders to return to previously oversold assets.
Improving macroeconomic conditions and renewed interest in crypto ETFs have further supported market sentiment.
As long as Bitcoin remains stable, Pi Network could continue benefiting from improved risk appetite across the market.
Futures Activity Shows Growing Interest
Derivatives traders have also started increasing exposure to Pi Network.
Futures open interest has risen modestly during the recent recovery, suggesting that traders are becoming more optimistic ahead of the Protocol v25 release.
Unlike previous rallies, however, leverage remains relatively low.
This reduces the likelihood of extreme volatility caused by forced liquidations while also limiting the chances of an explosive breakout driven by highly leveraged positions.
If open interest continues increasing alongside a breakout above $0.10, it would provide stronger confirmation that new buyers are entering the market.
Token Unlocks Remain the Biggest Challenge
Despite improving technical signals, Pi Network still faces one major obstacle.
A large number of new PI tokens are scheduled to enter circulation over the coming months.
Millions of tokens continue unlocking every day, steadily increasing the available supply.
For the price to continue rising, market demand must absorb this growing supply.
If buying activity fails to keep pace with new token releases, selling pressure could return quickly.
This remains one of the biggest long-term risks facing Pi Network.
Key Support Levels to Watch
Maintaining current support is essential for preserving the bullish structure.
The most important support zones include:
- $0.085
- $0.075
- $0.070
A daily close below $0.085 would weaken the current recovery and increase the risk of another move toward recent lows.
If PI falls below its all-time low, the bullish recovery would likely be invalidated.
Can Protocol v25 Drive Long-Term Growth?
While Protocol v25 has improved investor sentiment, long-term success depends on more than a technical upgrade.
For Pi Network to sustain higher prices, the ecosystem will need:
- Increased developer activity
- More decentralized applications
- Higher transaction volume
- Stronger real-world utility
- Continued community engagement
Technology upgrades often create short-term excitement, but lasting price appreciation usually requires consistent ecosystem growth.
Pi Network Price Prediction: Can PI Break Above $0.10?
Pi Network has regained momentum after rebounding sharply from recent lows, and Protocol v25 has provided a fresh catalyst for buyers.
The immediate objective remains a decisive breakout above $0.10.
If buyers successfully clear that level with strong trading volume, the next upside targets sit around $0.12, followed by $0.135 and $0.15.
However, investors should continue watching the impact of ongoing token unlocks, as increasing supply could limit future gains if demand does not continue improving.
For now, Protocol v25 has strengthened the recovery, but the coming weeks will determine whether Pi Network is beginning a genuine trend reversal or simply experiencing another temporary relief rally.
