PI crypto’s price pullback tests bulls – Is $0.113 still on the cards?

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PI crypto price broke out above $0.10 last week, driven by the Protocol 26 upgrade on the Mainnet. On August 22nd, the token reached $0.11 before dropping 18% to close at $0.09, reflecting rapid profit-taking. The key support level at $0.085 held firm, preserving short-term bullish hopes. Technical indicators remain neutral with a prevailing bearish structure on the higher timeframe, resistance being identified between $0.113 and $0.124. A breakout above $0.093 with strong buying volume could trigger a move toward $0.113.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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