{"id":8342,"date":"2025-08-20T13:32:12","date_gmt":"2025-08-20T13:32:12","guid":{"rendered":"https:\/\/bitunikey.com\/news\/pi-network-price-eyes-accumulation-zone-why-0-35-support-can-spark-a-reversal\/"},"modified":"2025-08-20T13:32:21","modified_gmt":"2025-08-20T13:32:21","slug":"pi-network-price-eyes-accumulation-zone-why-0-35-support-can-spark-a-reversal","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/pi-network-price-eyes-accumulation-zone-why-0-35-support-can-spark-a-reversal\/","title":{"rendered":"Pi Network price eyes accumulation zone: why $0.35 support can spark a reversal"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Pi Network price has been locked in a prolonged downtrend, but price action is now pressing into a major high-timeframe support at $0.35. A potential double-bottom structure and early signs of accumulation could pave the way for a rebound toward $0.70.<\/p>\n<div id=\"cn-block-summary-block_d6e7a14f31f8a25d9d6a216429b88831\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Price consolidates at $0.35\u2013$0.33 support with potential double-bottom formation.<\/li>\n<li>Point of Control and 50-day MA must be broken to confirm reversal.<\/li>\n<li>Uptick in bullish volume suggests early accumulation phase.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Pi Network\u2019s (Pi Network) token continues to trade within a clear bearish structure, marked by consecutive lower highs and lower lows. However, the market may be approaching a critical turning point as price consolidates around the $0.35\u2013$0.33 support zone, which aligns with the value area low. This level has held through multiple retests, suggesting the potential for a bottoming structure to form if buyers step in with conviction.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Key Technical Points<\/strong><\/h2>\n<ul class=\"wp-block-list\">\n<li><strong>$0.35\u2013$0.33 Support Zone: <\/strong>High-time frame support and value area low holding firm.<\/li>\n<li><strong>Potential Double Bottom: <\/strong>A bounce from support may form a reversal base.<\/li>\n<li><strong>Point of Control Resistance: <\/strong>A breakout above this level is needed to confirm a higher high.<\/li>\n<\/ul>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">PINETWORK (1D) Chart, Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\" target=\"_blank\">TradingView<\/a><\/figcaption><\/figure>\n<p>From a structural perspective, this is a prime location for Pi Network to carve out an accumulation phase. An accumulation period typically develops when price trades sideways at a key support, absorbing selling pressure before staging a breakout. Confirmation will require not only holding the $0.35 region but also breaking the ongoing downtrend by establishing a higher high above the most recent rejection point.<\/p>\n<p>The 50-day moving average remains another key level to watch. Price has consistently struggled beneath this dynamic resistance since losing the value area high. A decisive daily close above the 50-day MA would be an important sign of a trend reversal, indicating that momentum is shifting back in favor of buyers.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Volume analysis also provides cautious optimism. Recent sessions have seen a notable uptick in bullish activity, though sustained above-average volume is still required to confirm strength behind the move. If accumulation persists at current levels, coupled with increased participation, the path toward $0.70 resistance becomes increasingly probable.<\/p>\n<h2 class=\"wp-block-heading\"><strong>What to expect in the coming price action<\/strong><\/h2>\n<p>Pi Network remains in a fragile technical state, but the confluence of support around $0.35 and emerging bullish signals hints at a possible bottoming scenario. A clean break of the downtrend and a higher high would set the stage for a recovery toward $0.70. Until then, the market is likely to consolidate in this accumulation range as buyers and sellers battle for control.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Pi Network price has been locked in a prolonged downtrend, but price action is now pressing into a major high-timeframe support at $0.35. A potential double-bottom structure and early signs&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6551,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8342","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=8342"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8342\/revisions"}],"predecessor-version":[{"id":8343,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8342\/revisions\/8343"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/6551"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=8342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=8342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=8342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}