Pi Coin Price Prediction: Double Bottom Pattern Formed, Can the $0.21 Support Trigger a 15% Rebound?

The native token PI of Pi Network forms a classic double bottom pattern in the technical analysis for November 2025, with the price receiving strong support twice at the 0.21 USD level, accompanied by a gradual increase in trading volume. Technical indicators show that if it breaks through the 0.23 USD neckline resistance, it may trigger a rebound of 15%-18%, with a target towards the 0.25 USD resistance zone. Currently, the PI price is 0.22 USD, and the market is following whether this crypto asset can complete a key technical breakthrough on the eve of its listing on mainstream exchanges, providing signals for the direction choice after a long sideways movement.

Technical Confirmation and Volume-Price Analysis of the Double Bottom Pattern of Pi Coin

PI has shown significant demand support during two rounds of testing at the $0.21 level: the first bottom occurred on November 8, with trading volume surging 240% to $18 million; the second completed on November 16, with volume further expanding to $21 million, forming a higher volume low. This price stability and volume increase structure aligns with the characteristics of the Wyckoff accumulation model, indicating that funds are systematically building positions at low levels.

The arrangement of moving averages shows that the 5-day line has crossed above the 13-day line, forming a golden cross. The MACD histogram is converging below the zero axis, and the fast and slow lines are about to experience a positive crossover. The key resistance level at $0.23 is not only the neckline of the double bottom but also where the 50-day exponential moving average is located. Breaking through this position will confirm the effectiveness of the bottom structure.

Pi Network Ecosystem Progress and Mainnet Expectations

While the technical aspects are improving, the Pi Network ecosystem has made substantial progress. The core team announced the completion of the final testing phase of the mainnet, with the number of nodes exceeding 150,000 and KYC certified users reaching 48 million. The roadmap indicates that the transition to the mainnet will begin in the first quarter of 2026, at which point the PI tokens within the closed network will be converted to a fully circulating state.

It is worth noting that the project team has reached a strategic cooperation with the IoT platform Helium, which may enable PI token mining through hotspot devices in the future. Although these developments have not yet been reflected in the current price, they provide support for long-term valuation. According to TokenUnlocks data, only 8% of tokens will enter circulation in the next 12 months, resulting in relatively low supply pressure.

PI Technical Analysis Key Price Levels

• Double Bottom Support: $0.21 (confirmed by two tests)
• Neckline resistance: $0.23 (breakout confirmation signal)
• Rebound Target: $0.25 (15% increase potential)
• Trading Volume Characteristics: The volume at the second bottom is higher than that at the first.
• Moving Average: The 5-day line crosses above the 13-day line to form a golden cross.

Market Structure and Liquidity Condition Assessment

The current trading environment of Pi Coin has special structural characteristics: the circulating market value is only 480 million USD, but the average daily trading volume reaches 24 million USD, with a turnover rate of up to 5%, indicating active trading. Order book analysis shows that there is a buy order accumulation worth 1.2 million USD in the 0.21-0.22 USD range, while there is about 800,000 USD of sell order pressure in the 0.23-0.24 USD area. This imbalanced order distribution suggests that a breakout above the neckline may trigger a short covering rally.

In terms of the derivatives market, the funding rate for Gate's PI perpetual contracts has turned positive (0.003%), with open contracts increasing by 18%, reflecting that leveraged traders are beginning to establish long positions. However, it is important to note that PI is still not listed on major CEXs like Coinbase, raising concerns about liquidity depth.

Risk Factors and Alternative Scenario Projections

Although the technical indicators are optimistic, investors should be cautious of three potential risks: the mainnet transition may be delayed until the second half of 2026, whether the 20% tokens held by the team will be sold after listing, and whether the U.S. SEC will classify PI as a security. If the double bottom pattern fails, the key support levels will shift down to $0.19 (the previous historical low) and $0.17 (Fibonacci 78.6% retracement level).

In this case, the downward momentum may lead the price to revisit the December 2024 low of $0.15, indicating a 32% downside potential from the current level. It is recommended to participate in this trade with no more than 1% of the total investment portfolio and set $0.20 as the stop-loss line.

Pi Coin Trading Strategy Configuration and Position Management Plan

For the double bottom breakout opportunity of Pi Coin, professional traders suggest using a triple position management strategy: establish a 30% base position at the current price of $0.22, increase the position by 40% when it breaks the neck line at $0.23, and complete the final 30% of the position after stabilizing at $0.24. The profit-taking targets are set at $0.25 (first target) and $0.28 (second target), with a risk-reward ratio of 1:3.

Conservative investors may consider options strategies, buying call options with a strike price of $0.23 while selling call options at $0.25 to reduce premium costs. Regardless of the strategy adopted, it should be recognized that PI belongs to a high-risk asset class, with price volatility typically 2-3 times that of Bitcoin.

When the technical patterns resonate with the project's fundamentals, the market often provides precise pricing opportunities. The double bottom structure of Pi Network is not just a game of lines on the chart, but also a psychological game between millions of community members and institutional funds at critical price levels. For investors who can read both chart language and ecological development, this high volatility environment may be the best arena to achieve excess returns.