Have you ever watched a coin sit completely still for weeks and felt in your gut that something big is brewing underneath?
That’s exactly what I’m seeing with Pi Network right now. While half the market is busy chasing meme coin pumps or panicking over macro headlines, PI has been quietly drawing one of the cleanest accumulation patterns I’ve come across this cycle. And honestly? It’s starting to feel a lot like the calm before a real move.
The Accumulation Zone Nobody Is Talking About
Let me paint the picture for you.
Since dipping toward the low $0.20s, Pi Network has repeatedly bounced off an area that is now clearly acting as structural support. We’re talking multiple tests, zero closes below $0.21 on the four-hour and daily timeframes, and a beautiful string of higher lows forming right underneath the heaviest volume node of the entire range.
In trader speak, that’s textbook accumulation.
Why $0.21 Has Become Sacred Ground
Support levels are only as strong as the number of times they prove themselves. The more touches without a breakdown, the more conviction buyers have that the level is “cheap.”
Pi Network has now touched this $0.21–$0.22 zone at least five distinct times in the past three weeks. Each time the selling dried up faster than the last. That’s not random. That’s smart money defending a price.
- First touch – long wick, quick reversal
- Second touch – tighter wick, higher low
- Third touch – almost no wick at all, instant bounce
- Fourth and fifth – basically flat, volume evaporating on the downside
When downside volume starts disappearing like that, it usually means one thing: sellers are exhausted.
Higher Lows Are the Silent Bull Signal
Perhaps the part that excites me most – and I’ll admit I’m a structure nerd – is the series of higher lows forming directly beneath the point of control.
If you pull up the volume profile for the last 60 days, the fattest node sits right around $0.26. That’s where the majority of trading actually happened when Pi was ranging higher earlier this year. Price is now printing higher lows literally inches below that level, almost teasing it.
In my experience, when you see higher lows stacking right under the POC like this, the eventual resolution is almost always upward. The market is telling you where fair value is – and the current price is below it.
That’s not hope talking. That’s just how volume tends to work.
The Point of Control Magnet at $0.26
Speaking of the POC, $0.26 isn’t just another random line on the chart. It’s the price where the most contracts changed hands over the visible range. Algorithms love these levels. Big players love these levels. And right now, price is coiling directly underneath it.
A clean weekly close above $0.26 would flip the entire range structure from bearish/neutral to bullish. Suddenly the same level that rejected price multiple times becomes support. That’s how trends are born.
What Happens If We Actually Break Higher?
Let’s play this out.
A convincing break and close above $0.26 opens the door to the next major value area between $0.28 and $0.29. That zone rejected price hard twice before, so expect some profit-taking there. But if volume comes in on the breakout – and early signs suggest it might – we could easily see a fast move toward $0.35 or even the psychological $0.40 level in the weeks following.
Yes, I said $0.40. In this market, when altcoins decide to run, they don’t mess around.
The Broader Market Backdrop Is Cooperating
Zoom out for a second.
Bitcoin is grinding toward new highs, Ethereum is showing relative strength, and the altcoin index is starting to perk up after months of bleeding against BTC. We all know the script: BTC dominates for a while, then money rotates into alts when people get bored chasing 2% moves in Bitcoin.
Pi Network, with its massive user base and recent push toward regulatory compliance in Europe, is perfectly positioned to catch that rotation wave. Over 100 million downloads don’t lie – there’s real retail interest here. All it takes is one decent leg up for FOMO to kick in.
Risks? Of Course There Are Always Risks
I’d be doing you a disservice if I painted this as a guaranteed moonshot.
If $0.21 finally cracks – and I mean a clean daily close below with expanding volume – then the whole setup falls apart. We’d likely revisit the low $0.18s pretty quickly, and all those pretty higher lows become meaningless.
But here’s the thing: the longer we hold above $0.21 while forming higher lows, the less likely that breakdown becomes. Time is actually on the bulls’ side right now.
Volume Tells the Real Story
One final thing I’m watching closely is volume profile development inside the range.
We’re starting to see low-volume nodes form above current price, particularly between $0.24 and $0.26. That’s classic “vacuum” territory – very little resistance until we hit the POC again. When price eventually moves into those areas, it tends to accelerate because there’s simply no one left to sell.
I’ve traded enough of these setups to know that when you combine shrinking downside volume, higher lows, and a vacuum above price… things can get exciting fast.
Final Thoughts – Patience Is Being Rewarded
Look, I get it. Waiting for a coin to do something while everything else seems to be moving is painful. But the best trades often form in exactly these kinds of quiet, boring periods.
Pi Network is giving us every technical clue that accumulation is happening. The structure is clean. The support is proven. The risk/reward at current levels is heavily skewed to the upside if you have the patience to wait for confirmation above $0.26.
Will it break higher this week? Maybe not. But the setup is maturing exactly the way you want it to. And when this particular spring finally uncoils, I suspect a lot of people are going to wish they paid closer attention while it was still quiet.
Sometimes the most obvious moves are the ones that take the longest to set up. Pi Network feels like it’s in that exact sweet spot right now.
Disclosure: The author holds a position in PI and may increase or decrease that position without notice.
