Pi Coin’s Big Money Surprise Could Set Up a 23% Breakout
BeInCrypto
Pi Coin is forming a cup and handle pattern supported by unexpected institutional inflows, signaling a potential 23% price breakout.Summary
Pi Coin is currently displaying a cup and handle technical pattern, which suggests a potential 23.62% price increase if it successfully breaks above the $0.200 resistance level. Unlike typical consolidations that see capital flight, the Chaikin Money Flow (CMF) indicator shows persistent institutional buying, indicating strong structural support. Additionally, hidden bullish divergence in the Relative Strength Index (RSI) and the token's independent price movement from broader markets further reinforce the potential for a bullish breakout toward $0.247.
(Source：BeInCrypto)