Pi Coin (PI) is holding the $0.09 level, extending its short-term rebound. Market attention is focused on whether this recovery will remain a mere technical bounce or lead to a re-entry into the $0.10 range.

■ Tobcrypto: "$0.09 Support and $0.10 Resistance Are Key"

On the 3rd, Tobcrypto, a cryptocurrency analysis account active on the CoinMarketCap community, noted that PI has shown a recovery trend for three consecutive trading days, citing the $0.09 support and $0.10 resistance zones as key price levels. Tobcrypto placed more significance on the recently forming short-term momentum than on the price itself.

According to real-time CoinMarketCap data, PI is currently trading at around $0.094 (approximately $0.094257), up roughly 1% over the past 24 hours.

■ Battle Between $0.09 Support and $0.10 Resistance

The first level Tobcrypto highlighted is $0.09. The interpretation is that buying pressure has been sustained in the short term as the price has held above this level without being pushed lower. On the upside, $0.10 is cited as a psychological and technical resistance line.

In essence, Tobcrypto's analysis suggests that whether PI can successfully defend $0.09 and then break above $0.10 could be the variable that determines the next price direction.

■ Protocol 27 Mainnet Upgrade Targeted for September 15

Network-level schedules are also drawing market attention. Following the completion of the Protocol 26 mainnet upgrade, the Pi Network is preparing to implement Protocol 27. According to the official announcement, the target date for the Protocol 27 mainnet upgrade is September 15. This upgrade is expected to include a smart contract authentication feature that will make the way accounts and applications approve transactions more flexible and secure.

CoinMarketCap, in its recent summary of PI network updates, also listed Protocol 27 as one of the key upcoming milestones.

■ An Upgrade Does Not Automatically Mean a Price Rise

However, it is difficult to conclude that the scheduling of a technical upgrade directly translates into a token price increase. Actual price movements may vary depending on market liquidity, trading volume, investor sentiment, and the direction of the overall cryptocurrency market.

Accordingly, in the short term, the battle within the $0.09–$0.10 range presented by Tobcrypto is likely to become important. If $0.09 continues to function as a support line and PI breaks above $0.10, the recovery trend could extend further; however, if selling pressure repeatedly emerges near $0.10 or the $0.09 level gives way, it is hard to rule out the possibility that upward momentum weakens again.

[※ This article was written for the purpose of providing information on the cryptocurrency market and does not recommend the purchase or sale of any specific virtual asset or guarantee investment returns. Price forecasts, support and resistance zones, and target prices mentioned in the article are scenarios based on technical analysis by market participants and may unfold differently from actual price movements. Cryptocurrencies are high-risk assets with extreme price volatility, and you may lose part or all of your invested principal. Investment decisions and their consequences rest solely with the investor, so please fully review market conditions and relevant information before investing. This article was written with AI assistance.]