$PI is approaching a key resistance zone around 0.236–0.240, and the chart structure is starting to look bullish ↗️

Price has rebounded strongly from the 0.129 low, creating higher lows and bullish candles, indicating buyers are gaining control. However, the market is now testing the previous support zone, which has turned into resistance after the breakdown.
Right now this area is the main decision level.
If #PI manages to break and sustain above 0.236–0.240, momentum could expand quickly because there is relatively less resistance above. In that scenario, the next levels to watch are 0.25, 0.26, 0.28, and potentially 0.30.
On the downside, 0.21 remains the key invalidation level. A healthy pullback could happen toward 0.22, which would act as a retest of previous structure before continuation. As long as price holds above that zone, the bullish structure remains intact.
Another factor to watch is Pi Day (March 14). Events like this often attract attention and speculation around the asset. If market sentiment aligns with the technical breakout, it could add momentum to the move.
So the structure is simple:
• Break 0.240 → upside expansion toward 0.25–0.30
• Pullback to 0.22 → healthy retest if support holds
• Below 0.21 → bullish structure weakens
The next move will depend on how price reacts at this resistance zone.