PI Network Price Rebound Attracts Attention, $0.28 Becomes Key Resistance Level

This weekend, the price of PI Network has re-entered the radar of traders, not due to a surge that sparked heated discussions, but due to the quietly rising trading volume behind it. In the crypto market, a moderate price increase accompanied by rising trading volume is often an important signal of a shift in market sentiment. According to CryptoQuant's spot trading volume heatmap data, the trading activity of PI/USD has begun to gradually climb, but the current environment is still marked as "neutral" - which is not a negative signal. In fact, maintaining a neutral trading volume while the price is steadily rising often means that funds are slowly accumulating, rather than entering a short-term speculative frenzy. Observing the trading volume heatmap, it can be found that the "bubbles" representing spot trading are slowly expanding, indicating that market interest is gradually increasing, but has not yet reached the strong orange-red level. This means that the market is still in a stage of accumulation and has not yet formed strong upward momentum. For investors who have been paying attention to the price trend of PI Network for a long time, this detail is crucial. If the price continues to rise moderately while the trading volume remains controllable, it is more likely to reflect that institutions or experienced players are building positions in batches, rather than retail investors chasing highs. However, the crypto market has a historical tradition of "inducing more and then retreating." Looking back at the fourth quarter of 2025, PI once quickly surged from the range of approximately $0.19–$0.20, but encountered strong resistance near $0.28 and eventually fell back, which was defined by the market as a classic "false breakout." Entering the first quarter of 2026, the situation has changed somewhat: the price has found support in the lower range of $0.13–$0.14 and successfully rebounded to break through $0.20, technically initially confirming the reversal of the short-term trend. But the real test has not yet arrived - if the price stagnates again before $0.28, the market may re-question: will history repeat itself? Two recent updates within the ecosystem have also provided fundamental support for the price rebound. One of them is the experiment conducted by PI Network in cooperation with robotics startup OpenMind, which for the first time verified that Pi nodes can efficiently process AI computing tasks and output practical results, marking a key step for the network in the direction of distributed AI infrastructure and enhancing the imagination space for the long-term value of the project.

The key point of the current situation is: if the PI price can strongly break through and stand firm at $0.28, the previous concerns about the "false breakout" will be greatly dispelled, and the continued growth in trading volume may indicate the start of a new round of upward momentum.

If this round of upward momentum can be sustained, some traders believe that the project's next mid-term target may point to the $0.40 and above area. But before that, $0.28 is still the watershed that determines the nature of the trend.