Pi Network price rebounds above $0.08, but can it hold the recovery?

Pi Network price has bounced above $0.08 near the area that supported its summer recovery, but September’s failed rally leaves buyers with a familiar challenge: holding their gains once price moves away from the lows. Summary PI gained 1.74% to $0.08137 on the Oct. 16 daily chart. September’s recovery stalled near $0.10 before price returned toward its July support area. Crypto With Gopal identified a potential triple bottom requiring a breakout above $0.11. Weekly momentum has improved, although daily money flow remains negative. PI is back in familiar territory. After climbing away from its July lows through August and September, the token has surrendered much of that recovery. The latest bounce lifted PI to $0.08137 on TradingView’s OKX daily chart on Oct. 16. It traded between $0.07922 and $0.08195 during the session, gaining 1.74%. Repeated visits to the same floor have attracted attention from the account publishing as Crypto With Gopal. In an Oct. 16 X post, the account identified a potential triple bottom around $0.07–$0.08 and said a breakout above $0.11 could open a move toward $0.16. The bullish case faces an obstacle visible in the recent price history. PI found buyers ...