{"id":10788,"date":"2026-07-15T10:09:36","date_gmt":"2026-07-15T10:09:36","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=10788"},"modified":"2026-07-15T10:09:36","modified_gmt":"2026-07-15T10:09:36","slug":"pi-holds-key-support-as-bulls-eye-a-rebound-toward-0-10","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=10788","title":{"rendered":"PI holds key support as bulls eye a rebound toward $0.10"},"content":{"rendered":"<p><\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/07\/ChatGPT-Image-Jul-15-2026-10_08_28-AM-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/07\/ChatGPT-Image-Jul-15-2026-10_08_28-AM-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/07\/ChatGPT-Image-Jul-15-2026-10_08_28-AM-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/07\/ChatGPT-Image-Jul-15-2026-10_08_28-AM-smartcrop-363x181.png\" type=\"image\/jpeg\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/07\/ChatGPT-Image-Jul-15-2026-10_08_28-AM.png\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<p><span style=\"font-weight: 400;\">Key takeaways<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Pi Network (PI) is stabilizing above $0.07500 after more than two weeks of sustained selling pressure.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Improving crypto market sentiment following softer U.S. inflation has boosted speculative interest in PI.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">PI open interest climbed from $9.11 million to $12.14 million, signaling renewed trader participation.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Pi Network (PI) traded above $0.07500 on Wednesday, showing early signs of stabilizing after more than two weeks of persistent losses.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The token\u2019s recovery comes as broader cryptocurrency markets rebounded following softer-than-expected U.S. inflation data, improving investor sentiment and encouraging renewed interest in higher-risk digital assets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Although PI remains in a broader downtrend, technical indicators suggest bearish momentum may be weakening.<\/span><\/p>\n<h2>Improving market sentiment boosts risk appetite<\/h2>\n<p><span style=\"font-weight: 400;\">The latest U.S. Consumer Price Index (CPI) report helped ease concerns over additional Federal Reserve interest rate hikes, reducing pressure on risk assets, including cryptocurrencies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As market sentiment improved, investors showed greater willingness to return to speculative assets such as Pi Network.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">CoinMarketCap\u2019s Crypto Fear and Greed Index rose to 35 on Wednesday from 28 on Monday, reflecting a noticeable decline in market fear and improving investor confidence.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Historically, rising risk appetite has often supported increased trading activity in speculative cryptocurrencies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Derivatives data points to growing interest in Pi Network. According to CoinAnk, PI futures open interest increased from $9.11 million to approximately $12.14 million over the past day.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The sharp increase suggests traders are opening new positions rather than closing existing ones, indicating renewed confidence and stronger speculative demand.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While rising open interest alone does not guarantee higher prices, it often supports increased market liquidity and stronger price momentum when accompanied by improving sentiment.<\/span><\/p>\n<h2>Pi Network technical analysis: Can PI reclaim $0.1000?<\/h2>\n<p><span style=\"font-weight: 400;\">From a technical perspective, Pi Network is attempting to build a base near $0.07500, where a descending support trendline forming part of a falling channel continues to hold.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A Doji candlestick formed near this support during the previous trading session, signaling indecision between buyers and sellers and potentially marking the beginning of a short-term reversal.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The 161.8% Fibonacci extension at $0.06793, measured from the decline between $0.1998 and $0.1183, reinforces this support zone and increases the likelihood of a technical rebound.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If buying momentum strengthens, PI could target the following resistance levels:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">$0.09613 \u2013 127.2% Fibonacci extension<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">$0.1000 \u2013 Psychological resistance level<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">A decisive move above $0.09613 would significantly improve the short-term outlook and increase the probability of a recovery toward $0.1000.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Although Pi Network remains within a broader bearish trend, momentum indicators suggest downside pressure may be becoming exhausted.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Relative Strength Index (RSI) has fallen to around 21, placing the token deep in oversold territory. Such readings often indicate that selling has become excessive and that a relief rally could emerge if buyers return.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, the Moving Average Convergence Divergence (MACD) remains below its signal line, confirming that the broader trend is still bearish. However, the indicator also suggests bearish momentum may be weakening after the recent decline.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The most important downside support remains the 161.8% Fibonacci extension at $0.06793.<\/span><\/p>\n<p><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-365612\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/07\/PIUSD_2026-07-15_10-03-07.png\" alt=\"PI\/USD 4H Chart\" width=\"1793\" height=\"835\"\/><\/p>\n<p><span style=\"font-weight: 400;\">A daily close below this level would invalidate the current rebound scenario and could trigger a new phase of price discovery to the downside.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As long as PI holds above this support, the possibility of a recovery toward $0.09613 and eventually $0.1000 remains intact.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>Analysis,pi#holds #key #support #bulls #eye #rebound1784110176<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key takeaways Pi Network (PI) is stabilizing above $0.07500 after more than two weeks of sustained selling pressure. Improving crypto market sentiment following softer U.S. inflation has boosted speculative interest in PI. PI open interest climbed from $9.11 million to $12.14 million, signaling renewed trader participation. Pi Network (PI) traded above $0.07500 on Wednesday, showing<\/p>\n","protected":false},"author":1,"featured_media":10789,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-10788","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eurozone"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PI holds key support as bulls eye a rebound toward $0.10 - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Pi Network (PI) is showing early recovery signs after open interest surged and crypto sentiment improved in the near term.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=10788\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PI holds key support as bulls eye a rebound toward $0.10\" \/>\n<meta property=\"og:description\" content=\"Pi Network (PI) is showing early recovery signs after open interest surged and crypto sentiment improved in the near term.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=10788\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-15T10:09:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/07\/ChatGPT-Image-Jul-15-2026-10_08_28-AM.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1536\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10788\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=10788\",\"name\":\"PI holds key support as bulls eye a rebound toward $0.10 - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10788#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10788#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/07\/ChatGPT-Image-Jul-15-2026-10_08_28-AM.png\",\"datePublished\":\"2026-07-15T10:09:36+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"Pi Network (PI) is showing early recovery signs after open interest surged and crypto sentiment improved in the near term.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10788#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=10788\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10788#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/07\/ChatGPT-Image-Jul-15-2026-10_08_28-AM.png\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/07\/ChatGPT-Image-Jul-15-2026-10_08_28-AM.png\",\"width\":1536,\"height\":1024},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10788#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"PI holds key support as bulls eye a rebound toward $0.10\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; 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