if( length() > 0 ; ;Pi Coin price poised to pop? Two signs indicate potential breakout )

Pi Network Price Technical Analysis

Pi Coin (PI) was trading at approximately $0.3567 on August 24, 2025, down significantly from its year-to-date high of $3. Market capitalization and daily trading volume have declined throughout the year.

On the 12-hour chart, Pi Coin has formed two notable technical patterns:

• A double-bottom pattern at $0.3357, with a neckline at $0.4660, suggesting potential for a bullish breakout if resistance is breached.
• A falling wedge pattern, drawn from swing highs since June 26 and lows since April, indicating a possible upward move as the pattern converges.

Volume and volatility have decreased in recent months, which may signal an accumulation phase according to Wyckoff Theory. A drop below the double-bottom level would invalidate the bullish outlook.

Potential Catalysts for Pi Coin Price

Key factors that could drive price movement include:

• A listing on a tier-1 exchange, expanding accessibility beyond current tier-2 platforms like Bitget and Gate.
• Implementation of a token burn mechanism, similar to OKB’s recent surge, which could reduce supply and increase scarcity.
• Progress toward full decentralization, as the Pi Foundation currently controls over 90 billion tokens and central governance.

These catalysts are speculative and depend on network developments.

Thesis and Supporting Arguments

Pi Coin may be poised for a breakout based on technical patterns and potential fundamental improvements.

Supporting arguments:

• Technical analysis indicates rare bullish patterns that historically precede upward moves.
• Low volatility suggests accumulation, potentially leading to a sharp price increase if catalysts materialize.
• Comparisons to other tokens, like OKB, show how exchange listings or burns can impact prices positively.

Risks include the possibility of pattern invalidation or delays in decentralization efforts.