Pi Coin is approaching a significant technical level, while analysts watch for a potential breakout. Its community is actively pushing for a Binance listing to enhance liquidity and visibility.
Breakout Test for Pi Coin
Crypto analyst Zoe noted that Pi Coin is attempting to break out of a symmetrical triangle. The price is consolidating near the $1.7286 level after rebounding from $1.6220 support. This pattern suggests a possible trend reversal if a breakout is confirmed. Zoe emphasized that flipping the diagonal resistance could push Pi Coin beyond $2. Recently, Pi Coin's trend has been bearish, with lower highs and lower lows forming a descending structure. However, accumulation near support levels indicates potential buying pressure. Bullish momentum could be confirmed by a high-volume breakout over the $1.75–$1.80 area. If rejected, Pi Coin might retest support levels at $1.62 and $1.20. The $1.6220 level provides immediate support and is essential for sustaining bullish momentum. Overcoming the critical resistance region of $1.90–$2.00 could pave the way to $2.30.
Pi Coin Community Calls for Binance Listing
The Pi Coin community is actively campaigning for a Binance listing. Fortune Crypto urged Pi holders to unite and request Binance to make an official announcement. The post called for users to retweet and tag Binance leaders to amplify the movement. A Binance listing could boost Pi Coin's visibility and trading activity. If successful, increased demand could contribute to sustained bullish momentum. Overall, the ongoing community-driven Binance listing push could influence sentiment and liquidity. A positive response from Binance could provide Pi Coin with additional traction.
Pi Coin remains at a pivotal stage, testing key technical levels as the community actively advocates for a Binance listing. Analysts and traders are watching the $1.75–$1.80 zone for breakout confirmation, which could push Pi Coin toward $2.30, in line with community optimism.
