Pi Network Rebounds from Golden Pocket — Is a Reversal Brewing?

Pi Network (PI) is showing early signs of strength after rebounding from the 0.618 Fibonacci retracement level, accompanied by a bullish engulfing candle on the 4H chart. This confluence zone marks a crucial turning point where buyers are beginning to re-enter the market following an extended phase of selling pressure.

If the 0.618 golden pocket continues to act as reliable support over the next few sessions, the probability of a rotational move toward $0.26 increases significantly. This level not only aligns with short-term liquidity zones but also serves as the next logical target in the current structure.

From a technical standpoint, Pi Network remains within a tight consolidation range, but momentum indicators are gradually shifting in favor of the bulls. Sustained closes above this region would reinforce the likelihood of a trend reversal and potentially spark renewed upside continuation.