$PI Network is at a critical technical crossroads. While the broader market is feeling the "Bitcoin chill," Pi is showing some independent strength as it approaches its mandatory protocol upgrade deadline.

📊 $PI is currently showing a rare "decoupling" from Bitcoin. While $BTC tests its lows, PI has surged roughly 5% in the last 24 hours, currently trading around $0.169*.

1. Key Price Levels to Watch

Immediate Resistance: $0.18. This level has capped three separate rallies this month. A clean break here opens the door to $0.20.

Primary Support: $0.16. Bulls have defended this level aggressively throughout the week.

The "Safety Net": $0.14 - $0.153. If $0.16 fails, the Fibonacci 23.6% retracement level at $0.153 is the last line of defense before a potential retest of the $0.13 all-time low.

2. Indicators & Sentiment

MACD: We are seeing a Bullish Crossover on the 4-hour chart. The signal lines are bending upward, suggesting that the recent "bottoming" process might be complete.

RSI: Currently sitting at 50.5 (Neutral). This is actually a "bullish neutral" because it shows the price is rising without the market becoming "overbought" yet; meaning there is plenty of room for more upside.

Volume: 24-hour volume is up 12% ($26.5M), confirming that this move isn't just a "fake-out" but has real buyer participation.

3. The Fundamental Catalyst: Protocol v19.9

The technical setup is being driven by the March 1st deadline. All Mainnet nodes must upgrade to the latest protocol version by Sunday or face disconnection. This "stress test" of the network's decentralized infrastructure is acting as a "buy the rumor" event for traders.

$PI is looking "cautiously bullish." The goal for the weekend is a daily close above $0.175.

#PiNetwork #Macro Insights#