Pi Network Holds Support as Bulls Target $0.10

Pi Network is finding a solid footing above the $0.075 price mark after two weeks of steady declines. The shift comes as fresh U.S. inflation data eased worries about interest rates, which pushed many investors back into riskier assets. Market confidence is showing improvement, with the Fear and Greed index moving away from extreme lows this week.

Derivatives data confirms that traders are getting active again. Open interest for the token jumped from $9.11 million to over $12 million, suggesting that people are opening new positions rather than running for the exit. This influx of capital often signals that the market is ready for a change in momentum.

On the charts, the token is sitting at a key support level near $0.075. With the Relative Strength Index pushed deep into oversold territory, many analysts expect a relief rally to follow. If the momentum continues, buyers are likely to test the $0.096 mark, which serves as a gateway to the psychological $0.10 resistance level.

Traders should keep an eye on the $0.067 support zone. If the price slips below this level, the current recovery outlook would likely fail. For now, the focus remains on whether the current interest from bulls can hold against the broader bearish trend.