In life, we often feel at a dead end, perhaps it's not that there is truly no way out. Rather, it is that we are standing too low and looking too close. Being willing to listen to the advice of those standing at different heights allows us to see unexpected opportunities. After all, the true way out is often hidden from a higher perspective.

Recently, the price of Pi Coin seems to have remained stable in the early September phase. Over the past month, the price has slightly fallen by 2%, while it has risen slightly by 0.6% in the past seven days, with a change of about 1% in the last 24 hours. Although the price is still down by 60% compared to last year, the current pattern is still quite intriguing: a new bullish "cup and handle" pattern may be brewing. Behind this market movement, Pi Network also seems to be planning some new developments. Observing the buying pressure and bullish momentum of Pi Coin prices, the Money Flow Index (MFI) has risen to 66, even though Pi Coin's price remains volatile. This volume-weighted momentum tool indicates whether funds are flowing in or out; simply put, buyers are quietly absorbing the falls. If the MFI breaks through 75-76, it will signal a higher peak in fund flow in the currently still unstable trend. Once this level is reached, it effectively means that buyers are starting to take control of the situation, rather than just holding the support level. This pattern is consistent with the Bull–Bear Power (BBP) histogram, which reveals the dominant market forces by comparing price extremes with moving averages. Just like at the end of August, the green area has appeared again, indicating that the bulls are regaining control of the trend, similar to the situation before the rebound in the price of Pi Coin at the end of the month. Overall, the rising MFI and positive BBP phase suggest that real buying pressure is accumulating below the price of Pi Coin. Pay attention to the "cup and handle pattern" and why $0.39 has become key: we have witnessed this situation. From August 22 to 29, the cup and handle breakout drove the price of Pi Coin from about $0.35 to $0.39, achieving a rise of 11% to 12%, fully in line with the classic "cup and handle pattern" theory. A similar trend may be forming, with the key being the neckline at $0.39 (the precise pivot points on the 4-hour chart are $0.3950 and $0.3983). If Pi Coin successfully exceeds $0.39 within 4 hours, it is expected to activate this pattern, potentially achieving an estimated rise of nearly 19%. Of course, this requires bulls to continue to dominate the market, and MFI must also maintain an upward trend or at least stabilize. The price of Pi Coin has a long way to go. If the cup pattern forms at $0.39, we need to wait for a quick consolidation (i.e., the handle formation). A 19% rise is expected to occur after Pi Coin breaks through the handle; until a strong breakout happens, all of this is just potential. If it fails to break the neckline, the price of Pi Coin will remain within the range. If it falls below $0.33 within 4 hours, it will invalidate the short-term bullish expectations and may lead to Pi Coin testing its historical low of $0.32. Note: This information is for reference only, past performance does not guarantee future results.

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