Pi Coin Hits Breakout Target as Sentiment Improves — 60% Rally Possible

Pi Coin swung sharply over the past month, falling nearly 38% between Jan. 14 and Feb. 11 before reversing and rallying as much as 58% into mid‑February, then pulling back. Investor sentiment fell from 9.06 in early December to nearly zero by Feb. 4, but it recovered to 3.82 by Feb.

17 as prices climbed. An inverse head‑and‑shoulders pattern completed on Feb. 14 and pushed Pi Coin roughly 26% toward the $0.206 breakout target. That level prompted profit taking and a sharp wick, yet the Money Flow Index stayed close to its recent local peak, indicating dip buyers remained active during the pullback.

Following the initial breakout, price entered a 19% consolidation from $0.206 that is shaping into a bull flag. The 20‑period EMA is nearing a crossover above the 50‑period EMA, signaling strengthening momentum, though bull flags require relatively quick breakouts to stay valid and can weaken with extended consolidation.

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