PI has climbed roughly 15% off its lows over the past several sessions, one of its strongest multi-day stretches since the July 14 all-time low of $0.070979.
That's the kind of move that naturally raises the breakout question: is this the start of a real reclaim of higher ground, and if so, what's the actual ladder of levels standing in the way.
This piece lays out the specific resistance zones, from the 20-day to a fair value gap near $0.138, that will determine whether today's momentum becomes a genuine trend change or fades like several bounces already have this month.
PI trades near $$0.083–$0.096 today, having climbed roughly 15% cumulative off the $0.070979 all-time low set July 14.
The first resistance rung is the moving average near $0.1039, followed by the 50-day EMA near $0.1218.
Beyond that sits a fair value gap zone near $0.138, a level technical traders watch because price previously moved through it quickly, leaving a gap in trading activity that markets often revisit.
RSI remains in oversold territory in the mid-20s to high-20s range, supportive of continued short-term recovery, though the broader trend remains below all major moving averages.
A genuine breakout requires clearing this ladder in sequence, not just one green week. Every rung matters, and the market has failed at the first moving average multiple times already this month.
Level | Approx. Price | What Clearing It Would Signal |
20-D EMA | $0.1039 | First real sign sellers are losing short-term control |
50-day EMA | $0.1218 | Confirms a more durable shift in medium-term momentum |
Fair value gap zone | $0.138 | A level where price previously moved through quickly; markets often revisit these zones, and clearing it would be a strong bullish signal |
100-day / 200-day EMAs | Higher still, not yet in near-term focus | Would represent a full, longer-term trend reversal if eventually reclaimed |
The reason this ladder matters more than the 15% headline number: PI has attempted the first rung, the 20d EMA, multiple times this month without holding above it.
A genuine breakout needs the price to not just touch $0.1039 but close above it on rising volume, then repeat that process at each subsequent level.
Skipping straight to talking about $0.138 without first confirming the 20d EMA reclaim would be getting ahead of the actual technical setup.
PI's RSI has spent much of July in the mid-20s to high-20s, among the most oversold readings in the token's short public trading history. Oversold conditions like this are the strongest technical argument available to bulls right now,
they reflect a market where sellers who wanted out have largely already sold, meaning even modest new buying can produce outsized price moves. That's a real, legitimate factor behind the current 15% climb.
But oversold readings don't guarantee a reversal on their own, a token can stay oversold while grinding lower if fresh supply, like the ongoing 127.5 million PI July unlock, keeps arriving faster than buyers absorb it.
● Anticipation building ahead of the July 22 Protocol v25 upgrade, adding privacy-focused smart contracts and zero-knowledge proof support.
● A large anonymous wallet, holding over 400 million PI, has been accumulating on dips since mid-July.
● A redesign of the Pi mining app has generated renewed retail attention.
● Oversold technical conditions creating room for a mechanical bounce regardless of fundamental news.
Metric | Current Reading |
Current Price (approx.) | $0.083–$0.096 |
Cumulative Rally Off ATL | 15% |
All-Time Low (July 14) | $0.070979 |
RSI (recent) | Mid-20s to high-20s — deeply oversold |
First Resistance (20-day EMA) | $0.1039 |
Second Resistance (50-d EMA) | $0.1218 |
Fair Value Gap Target | $0.138 |
Protocol v25 Launch | July 22, 2026 (4 days away) |
Pending Unlock | 127.5 million PI over 30 days, ongoing |

On July 22, Pi is scheduled to upgrade to Protocol v25, which primarily focuses on improving network stability and reliability, and supports new capabilities for more efficient, privacy-preserving smart contracts.
The conversation today shows genuine technical sophistication, more accounts are citing the specific EMA and fair-value-gap levels than simply reacting to the percentage gain, a sign the community has gotten more disciplined after a month of false starts.

Indicator | Current Reading | Signal |
Cumulative rally off ATL | 15% | One of the strongest multi-day stretches since the July 14 low |
RSI | Mid-20s to high-20s | Deeply oversold; supportive of continued near-term bounce |
Price vs. 20-day EMA | Below, approaching from beneath | First rung of the resistance ladder; has failed here multiple times this month |
Price vs. 50-day EMA | Well below | Second, more significant confirmation level |
Fair value gap | $0.138, well above current price | Longer-range bullish target if the ladder clears in sequence |
Scenario | Next 30 Days | End of 2026 | Key Condition |
Bear Case | $0.065–$0.085 | $0.06–$0.09 | 20-day EMA rejection repeats; unlock supply overwhelms the current rally |
Base Case | $0.085–$0.11 | $0.10–$0.15 | 20-day EMA reclaimed and held; 50-day EMA becomes the next test |
Bull Case | $0.11–$0.138 | $0.15–$0.20 | 50-day EMA clears; fair value gap near $0.138 comes into play following v25's launch |
Extreme Bull | $0.14+ | $0.22–$0.32 | Full ladder clears; v25 drives visible adoption; broader altcoin sentiment improves |
Risks | Opportunities |
PI has failed to hold above the 20-day EMA multiple times already this month | The current 15% rally is one of the strongest multi-day stretches since the ATL, a genuinely different pattern than single-day bounces |
127.5 million PI unlock supply continues entering circulation regardless of the rally | Deeply oversold RSI readings historically create room for continued mechanical bounces |
The fair value gap target near $0.138 remains a distant, unconfirmed level requiring multiple prior rungs to clear first | Protocol v25's July 22 launch offers a concrete, substantive catalyst just days away |
Broader altcoin sentiment (Extreme Fear readings) can suppress even technically favorable setups | A 400-million-PI wallet's continued accumulation shows real conviction from at least one large holder |