Technical analysis by SinerjiPortfoy about Symbol PI: Buy recommendation (5/10/2025)

PIUSDT Daily Technical AnalysisPi Network Coin indicators are POSITIVE.It has broken above the 21-day moving average and managed to stay above it.The announcement that the Pi Network team will make about its ecosystem on May 14th could significantly benefit the project and increase activity around the cryptocurrency.Resistance: 0.79028 - 0.90433 - 1.05080Support: 0.68164 - 0.57126 - 0.55010New and positive news from the Pi Network team could support a price increase.At these levels, accumulating Pi Network Coin for long-term investment could be considered potentially profitable. The decision is yours. This is not investment advice.In the long run, there is a possibility that Pi Network Coin could retest the $3 levels.For users who use the Pi app and hold locked Pi Network Coins, if there is no urgent need, they may consider re-locking their coins for another 2 weeks. They can continue this strategy by monitoring the price every two weeks.In the long term, the probability of the price reaching much better levels remains high.THIS IS NOT INVESTMENT ADVICE.The information, comments, and suggestions here do not fall under investment advisory services. Investment advisory services are provided under an agreement between clients and authorized institutions such as brokerage firms, portfolio management companies, and non-deposit banks.The content of this page reflects only personal opinions.These views may not be suitable for your financial situation or your risk and return preferences. Therefore, investment decisions should not be made based solely on the information and content on this page.We’d appreciate it if you could follow and like us so you don’t miss our analyses with positive or risky technical indicators.Pi Network Coin has reached the 1.219 resistance level, and at these levels, the risk of profit-taking has increased. If the support holds, the selling pressure may remain limited. Newly unlocked coins entering the market don't seem to be creating significant selling pressure. The team appears to be managing this situation in a balanced way. Pi Coin, which is set to make an announcement regarding its ecosystem on May 14th, may continue to show positive price movement supported by this anticipation. Once the announcement is made on May 14th, the direction of Pi Coin will likely be determined based on the importance of the statement. Either the upward trend will continue, or profit-taking may occur. This is not financial advice.It is trying to break through the 1.58 resistance level. From time to time, we see some profit-taking, but not enough to significantly affect the price. The 2.0 resistance is an important level. If the price reaches this point, the risk of profit-taking will increase even further.We are updating the resistance and support levels in the analysis:Resistances: 1.580 – 1.729 – 1.798 – 1.979 – 2.005Supports: 1.433 – 1.301 – 1.191 – 1.096 – 0.904After the Pi Network team's announcement regarding the Pi ecosystem on May 14, profit-taking has occurred as expectations have ended. Since the negativity continues for now, we are closing our analysis. Due to the high amount of locked Pi scheduled to be unlocked today and over the next three days, the selling pressure may also be slightly elevated. We will conduct another technical analysis on the daily chart later.