Pi Network's native token PI has sharply rebounded after plunging to an all-time low of $0.1533 during last Friday's market crash, defying broader bearish sentiment with steady gains over the past three days. The altcoin has recovered to around $0.20 as of October 13, 2025, showing early signs of a bullish reversal.
Technical analysis reveals a reduction in sell-side pressure, with the Elder-Ray Index shrinking to -0.0482, indicating weakening bearish momentum. Additionally, the Balance of Power (BoP) indicator reads 0.59 and is trending upward, reflecting growing buy-side conviction among traders. On-chain signals, such as the Wyckoff-style volume spread shifting from red to yellow and the Chaikin Money Flow (CMF) showing accumulation by large investors, suggest fading sell pressure and quiet buyer return.
A bullish divergence on the 12-hour chart between price and the Relative Strength Index (RSI) further supports this outlook. If PI maintains its trajectory, a breakout above the $0.2573 resistance could confirm the reversal, targeting $0.2917 or even $0.238 for an 18% gain. However, a slip below $0.184 could invalidate the recovery and lead to a retest of the $0.15 support level.
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