Pi Coin Price Triangle Breakout Is Backed by Multi-Sided Momentum

Pi Coin is showing early signs of strength after being constrained within a symmetrical triangle pattern, approaching a decisive moment for a breakout. Technical indicators suggest positive momentum: the Chaikin Money Flow (CMF) is at 0.16, indicating consistent investor inflows, though it has not yet reached the critical 0.20 reversal threshold. Furthermore, the squeeze momentum indicator shows rising green bars, signaling growing bullish pressure that often precedes a sharp price move. Currently trading at $0.241, a successful breakout above the triangle pattern could push Pi Coin toward resistance levels of $0.250, $0.260, or $0.272. Conversely, a failure to maintain inflows or momentum could lead to a breakdown toward support levels of $0.224 or $0.217, invalidating the current bullish outlook.

(Source：BeInCrypto)