Could Pi Coin Repeat History With a 114% Price Rally? Here’s What to Expect

$Pi Coin is showing strong signs of recovery after breaking free from a two-month-long downtrend. The altcoin is now benefiting from improving market sentiment, especially as signs of an approaching altcoin season grow stronger. This momentum could position $Pi Coin for a major price surge. $Pi Coin Is Receiving Market Support At the time of writing, $Pi Coin’s Bollinger Bands are converging. This technical pattern typically signals incoming volatility, and the last similar event occurred in May. Back then, $Pi Coin recorded a massive 114% price increase shortly after the bands widened. A repeat of this move would depend on the broader crypto market’s direction. Currently, as Bitcoin consolidates and Ethereum leads altcoins upward, conditions favor another bullish breakout for $Pi Coin. The tightening Bollinger Bands are hinting at imminent movement, and with sentiment leaning bullish, the next wave of volatility may well push $Pi Coin higher once again. For token TA and market updates : Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter  here . The macro indicators also align with a bullish forecast. The Chaikin Money Flow (CMF) is trending upward, indicating capital inflow into $Pi Coin . This inflow suggests that investors are gaining confidence and could be positioning themselves ahead of a possible altcoin rally. As money enters the ecosystem, $Pi Coin benefits from renewed market participation and rising demand. These factors often precede price breakouts and are especially influential when combined with technical signals of volatility. Can $PI Price Bounce Back? $Pi Coin is currently trading at $0.47 after consolidating sideways for several days. This consolidation has worked in its favor, helping the altcoin escape its two-month downtrend. Investors are now watching closely for the next resistance to be broken. Despite being only 15% from its all-time low of $0.40, the technical indicators suggest this support will hold. If $Pi Coin can flip $0.45 into a reliable support level, it could initiate a rally toward $0.51 and beyond, especially if the altcoin season intensifies. However, if holders begin to exit their positions prematurely, $Pi Coin could slip back toward $0.40. Such a move would invalidate the bullish scenario and place the altcoin at risk of retesting its historical low.