PI Network (PI) has become increasingly interesting to investors after being listed on the first exchange that allowed trading of this currency on February 20, 2025. Since then, PI has shown significant volatility but also potential for growth, making it an intriguing choice for technical analysts.

Price Range and "Tunnel" Formation

Current technical analysis shows that PI is moving within a clearly defined range, which we can call a "tunnel":

• Upper resistance level: $1.90

• Lower support level: $1.50

This relatively wide range provides speculative opportunities for traders, with the potential to profit within this channel.

Growth Towards the End of the Pattern

One of the interesting aspects of PI analysis is the slight upward trend appearing towards the end of the pattern. Although the angle of growth is still moderate, it shows signs of possible strengthening. To confirm a strong upward trend, we would need to see a steeper growth angle and a breakout above the $1.90 resistance level with higher trading volume.

Conclusion

The technical analysis of PI Network shows a stable price range and growth potential, but the key will be breaking the $1.90 resistance to confirm a strong upward trend. In case of a return to $1.50, investors should pay attention to the market reaction to assess the possibility of further decline or a rebound from this support level.

PI remains an interesting asset to monitor, and its future price development will be crucial for making investment decisions.

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