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Pi Network (PI) Retesting Its Key Breakout – Could a Rebound Be Near?

Pi Network (PI) Retesting Its Key Breakout – Could a Rebound Be Near?

CoinsProbeCoinsProbe2025/11/28 06:45
By:Nilesh Hembade

Date: Fri, Nov 28, 2025 | 05:40 AM GMT

In the cryptocurrency market, Pi Network (PI) continues to stay in the spotlight with notable weekly performance, supported by its recent partnership with CiDi Games — a collaboration expected to boost the PI ecosystem through Web3 gaming integration.

While fundamentals are improving, the technical chart now shows PI returning to a critical point. The token is currently retesting a major breakout level, a moment that could determine whether the next move is a continuation rally or a short-term pullback.

Pi Network (PI) Retesting Its Key Breakout – Could a Rebound Be Near? image 0 Source: Coinmarketcap

Retesting Its Symmetrical Triangle Breakout

On the daily chart, PI has spent several weeks moving inside a broad symmetrical triangle pattern. This structure often forms during a period of consolidation and is generally seen as a continuation signal when it develops after a directional move. For PI, the breakout arrived earlier this week when the price pushed above the descending resistance trendline near $0.2530.

This breakout triggered a sharp move toward $0.2721, but the rally paused once Pi tapped its 100-day moving average, where selling pressure emerged and forced a short-term pullback. This cooling of momentum has pushed the price back toward the original breakout zone around $0.261 — a key level that previously acted as resistance and is now being tested for support.

Pi Network (PI) Retesting Its Key Breakout – Could a Rebound Be Near? image 1 Pi Network (PI) Daily Chart/Coinsprobe (Source: Tradingview)

The price is currently sitting right at this retest zone, hovering near the triangle’s upper boundary while remaining above the rising support structure. This setup is often seen in healthy breakouts, where the market returns to “confirm” the breakout before attempting the next leg upward.

What’s Next for PI?

The next few sessions will depend on whether buyers can hold PI above this breakout trendline. A successful retest followed by a bounce would put the focus back on reclaiming the immediate resistance levels — the $0.2721 high and the 100-day MA around $0.2738. Clearing this confluence would signal renewed bullish momentum.

If this happens, the pattern’s projected target suggests that PI could advance toward the $0.3169 region, marking a potential move of roughly 21% from the current trading zone. The chart structure supports this scenario, especially if volume picks up during the next upward swing.

However, if PI loses the breakout trendline support around $0.25, the move would indicate a failed retest. This would push price action back inside the triangle, delaying any meaningful bullish continuation and increasing the chances of further consolidation.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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