Pi Coin in Falling Channel Pattern Signals Potential Bullish Breakout

Pi Coin Analysis:

  • The Money Flow Index (MFI) for Pi reads 56.67, suggesting moderate buying pressure.
  • Investors have been accumulating since early October, but the Chaikin Money Flow (CMF) at -0.14 indicates some capital outflow.
  • Pi is trading within a long-term falling channel pattern, typically a bullish reversal indicator.
  • If Pi breaks above the upper boundary of this channel with volume support, resistance levels are at $0.35 and $0.65.
  • A sustained breakout could potentially target $4, signaling a multi-month reversal.
  • Immediate support is in the $0.17–$0.15 zone.

PEPENODE Overview:

  • PEPENODE offers a virtual, gamified crypto mining experience without hardware.
  • The project has raised $2 million in its presale phase.
  • It includes a deflationary system, burning up to 70% of tokens spent on upgrades.
  • Early buyers can earn up to 621% per annum in rewards.

Pi Coin Chart