How long can the rare blue candle of Pi Coin last?

Pi Coin has just recorded a notable development: all three major time frames have turned green simultaneously. The one-month chart increased by 9.5%, the seven-day chart rose by 2.1%, and the 24-hour chart alone increased by 3.5%.

This is particularly rare considering that the price of Pi Coin has decreased by nearly 40% in the past three months. This token is showing early signs of recovery, outperforming most of the market that is still mired in a prolonged downtrend. The question now is: Is this just a short-term bounce, or the beginning of a stronger growth cycle?

Symmetrical triangle breakout: Active capital inflow ignites momentum

Over the past few weeks, Pi Coin has been confined within a symmetrical triangle pattern—a type of chart that reflects the market's indecision, with no clear trend established. However, yesterday's trading session witnessed Pi Coin's price breaking through the upper resistance level, currently testing the important confirmation level at $0.229. If the price can close firmly above this threshold, it will be the first signal indicating that buying pressure has truly taken the lead.

Pi Coin Breakout | Source: TradingViewAnother technical indicator that also provides a positive signal is the Chaikin Money Flow (CMF)—measuring the money flow into or out of an asset. Two days ago, CMF broke above the downtrend line, from -0.09 to +0.05, indicating that money is returning to Pi Coin, further reinforcing the recent breakout move. Large wallets may be starting to enter the market as the outlook turns positive.

Large capital inflow | Source: TradingViewIn addition, the On-Balance Volume indicator (OBV) also shows notable movements. OBV tracks trading volume to assess the level of support from investors for price trends. During the days of November 12–13, OBV returned to the uptrend line, reflecting the caution of retail investors. However, since November 14, OBV has started to increase again. If OBV surpasses the upper trend line, this will confirm that retail investors are entering the market, supporting the upward momentum initiated by large capital.

Retail volume is returning | Source: TradingViewThe combination of technical breakout, positive cash flow, and the recovery of OBV has created the most optimistic picture for Pi Coin in recent weeks.

Important price levels to watch when momentum is pushed

If the price of Pi Coin can close above $0.229, the bullish trend may extend to $0.236, corresponding to an increase of about 4.2% from the current level. If the momentum continues to be maintained, the next target will be the $0.252 range—a strong resistance level that has appeared previously.

Conversely, the bullish scenario will be invalidated if the OBV turns to decrease or the CMF falls back into the negative zone. A drop in price below $0.215 will weaken the bullish structure and open up the risk of sliding back to the level of $0.208.

Analysis of Pi Coin Price | Source: TradingViewCurrently, Pi Coin is demonstrating rare strength across multiple time frames. Whether this upward momentum can be maintained will depend on the ability to hold the $0.229 level. If buying pressure continues to successfully defend this price level, Pi Coin's upward trend could very well extend further.

Mr. Teacher