Pi Network Rises 3% Today — Is the Rally Real or a Trap?

Jakarta, Pintu News – Pi Network has been one of the best performing crypto assets this month. Its price rose by almost 11%, while Bitcoin (BTC) and Ethereum (ETH) fell by around 20% and 26%, respectively. However, this strength also comes with a warning.

The price chart shows a pattern that could lead to a drop of up to 34% if a key level is not successfully defended. This raises a simple question: Is Pi Coin still safe as long as the price continues to rise, or are there danger signals starting to show?

Pi Network Price Rises 3.1% in 24 Hours

On November 28, 2025, the price of Pi Network was recorded at $0.2611, an increase of 3.1% in 24 hours. If converted into the current rupiah ($1 = IDR 16,641), then 1 Pi Network is IDR 4,345. During the period, the PI price moved in the range of $0.2515 to $0.2797.

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Currently, Pi Coin’s market capitalization stands at $2.79 billion, while its fully diluted valuation stands at $3.36 billion. Trading activity is also quite active, with a daily transaction volume of around $55.9 million.

Prices are rising, but there are hidden traps in the pattern

Pi Coin is currently forming a clear head-and-shoulders pattern, which is a technical pattern that often appears before a price decline. The neckline of this pattern is around $0.21.

If the Pi price closes below this level, then the distance between the “head” and the neckline indicates a possible price drop of up to 34%.

To avoid such risks, Pi Coin needs to break the “head” level of the pattern, which is above $0.29. This means that the price will have to rise even more sharply to get out of the correction threat.

The momentum indicator also reinforces the risk signal.

The Relative Strength Index (RSI)-an indicator that measures buying and selling strength-showed a hidden bearish divergence. Between November 20 and 26, Pi Coin’s price formed lower highs, while the RSI formed higher highs.

This pattern usually signals a continuation of an ongoing trend – and in the last 30 days, Pi Coin’s main trend is actually still weak, despite the price increase in the last month.

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This means that the price increase is real, but the technical structure shows that if the upward momentum slows down, the direction of movement could quickly reverse downwards. And this could be a negative signal for the Pi Coin price going forward.

Key Levels Determine Whether the Pi Coin Price Can Still Rise

On November 27, Pi Coin briefly traded around $0.26, but this level was not enough to determine the direction of the next move. The crucial level that could invalidate the bearish pattern (head-and-shoulders) is at $0.29.

If the daily price closes above $0.29, then the head-and-shoulders pattern is considered invalid and Pi Coin has a chance to go higher. This would indicate that the uptrend is still in control. However, as long as that hasn’t happened, any price drops need to be watched out for.

The first support is around $0.23. If this level is broken, attention will be drawn to the next support zone in the $0.20-$0.22 range – which is also the neckline area of the previous pattern.

A daily price close below this zone could trigger a full decline target of up to 34%, meaning the Pi Coin price could drop to around $0.19 or even lower if market conditions worsen.

The conclusion is quite clear:

• If Pi Coin continues to rise and breaks $0.29, the uptrend is maintained.
• But if the price slows down and drops below the $0.20-$0.22 zone, then a potential big drop could be triggered.

At the moment, Pi Coin “must not put on the brakes.” Its uptrend will only last as long as the price keeps moving up.

FAQ

What is Pi Coin?

Pi Coin is a cryptocurrency that has recently shown significant gains compared to other cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH).

Why are head and shoulders patterns important in Pi Coin price analysis?

The head and shoulders pattern is often considered a bearish indicator that shows a potential price drop if confirmed, which is important for predictions and investment strategies.

What is the critical price to watch out for on Pi Coin?

The critical prices to watch out for are $0.29 for potential upside and $0.21 for potential downside.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• BeInCrypto. Pi Coin Price Down 34%: Breakdown of Key Levels. Accessed on November 28, 2025