Pi Price Breaks the Bearish Consolidation: Can It Rise Above $0.20?

Pi Network Price Attempts Recovery After Major Mainnet Migration Update

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The Pi price has finally pushed out of its recent bearish consolidation, hinting that short-term momentum may be shifting. The move comes as the broader crypto market found relief after the latest U.S. CPI data showed inflation cooling to 2.4% in January, below expectations. The softer reading eased macro concerns and helped reduce some of the selling pressure that had weighed on risk assets.

With sentiment improving, Pi managed to climb above a key resistance zone after weeks of tight, range-bound trading. The breakout suggests buyers are beginning to step back in.

However, the bigger question remains: can this CPI-driven relief rally evolve into a sustained uptrend? With price now eyeing higher resistance levels, the coming sessions will determine whether Pi can build enough strength to challenge the $0.20 mark—or if the move fades once broader momentum cools.

Pi Price Analysis for February 2026

Pi has staged a sharp momentum rebound, rallying over 18% in the last 24 hours to reclaim the $0.157–$0.160 supply zone, with volume exploding 125%+, a key tell that this move is participation-driven rather than a thin bounce. Price has decisively broken above the descending trendline that capped every recovery attempt for weeks, shifting short-term structure back in favor of the bulls. 

pi price

On indicators, the MACD has printed a bullish crossover above the signal line, while RSI has surged from the 30–35 region toward 55+, confirming rising momentum.

If PI holds above $0.152–$0.155 on a retest, bulls may target $0.172 initially, followed by $0.185–$0.19, where prior distribution and liquidity sit. However, failure to defend $0.15 would invalidate the breakout and expose the price to a pullback toward $0.138–$0.14, turning this move into a relief rally rather than a trend reversal.

The Bottom Line

In the short term, PI looks like it’s trying to turn the corner, but this isn’t a clean breakout just yet. Bulls are in control as long as the price holds above the $0.15–$0.152 zone, with a sustained push above $0.162 opening room toward $0.19–$0.20. That said, this move is happening around a major event window, and volatility cuts both ways. If momentum fades or broader market sentiment weakens, a slip back below $0.15 could quickly drag the PI price into consolidation again.

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