Pi Network has seen a modest price increase of over 4% in the past 24 hours, following the release of its much-anticipated Migration Roadmap. The spike in momentum has raised renewed attention from the community, but analysts warn it may be too soon to call this a definPi Networkitive trend reversal.

While the price recovery appears to be gaining some ground, multiple signals suggest the asset still faces significant hurdles. Despite indicators hinting at positive momentum, growing community frustration and resistance in the technical charts are keeping investors cautious. As a result, Pi Network’s path forward remains unclear.

Lack of Clarity in Roadmap fuels Community Concerns

The newly released Mainnet Migration Roadmap has been met with mixed reactions from the Pi Network community. Although the statement was meant to reassure users and provide direction, it has instead raised fresh concerns due to its vague details and missing timelines.

The roadmap outlines three phases for the migration process, but none are tied to specific dates, leaving users uncertain about what to expect and when. Compounding this confusion are user reports of inconsistencies in token balances and the inability to address these issues effectively. Many users have also taken issue with the statement that all Pi tokens were minted at genesis, a claim that has triggered renewed questions about transparency and supply control.

With more than 108 million tokens unlocked this month, the lack of a clear rollout strategy is unsettling for many investors. The growing doubts are beginning to weigh on overall sentiment, with trust in the project increasingly tied to how the development team handles communication and transparency in the coming weeks.

Technical Indicators Send Mixed Signals

From a technical standpoint, Pi Network is showing signs of a possible trend shift, but it’s still too early to confirm a full breakout. The price is currently hovering just below the Ichimoku Cloud, a zone that typically represents a significant resistance area. While Pi has made a series of higher lows, which can signal bullish momentum, the market has yet to break decisively through key resistance levels.

The Supertrend indicator and the Ichimoku Cloud remain tilted toward a more volatile outlook. The cloud itself is thickening and sloping upward, suggesting that larger price swings may be on the horizon. However, unless Pi can break through the cloud convincingly, analysts caution that a rejection and price drop remain likely.

Meanwhile, Pi’s Relative Strength Index (RSI) has rebounded from a low of 32.34 to a current level near 53.77. This move indicates some recovery in buying momentum. But after briefly touching 57.25 and then cooling, the RSI remains in neutral territory—not strongly bullish, but no longer oversold. If buying volume increases, this could push Pi into a stronger position, though for now, momentum remains uncertain.

Resistance Zones Will Define the Next Move

Pi Network is currently testing a key resistance level at $0.66. Should the price break past this point, the next potential targets include $0.789 and $0.858. A successful push through these levels could set the stage for a larger rally toward $1.23 and even $1.79, depending on broader market conditions and user sentiment.

On the flip side, if Pi fails to clear the $0.66 resistance, the price may retreat to support levels at $0.54 or even $0.40. Traders are watching closely, with the next few trading sessions expected to provide critical insight into the coin’s short-term direction.

Consensus 2025 Could Be a Game-Changer

Adding to the buzz is the upcoming Consensus 2025 event, which could present a major opportunity for the Pi Network. Developer and analyst Dr. Altcoin believes the event could boost Pi’s credibility on a global stage, especially with Pi Network founder Nicolas Kokkalis set to speak alongside high-profile figures like Bo Hines and Eric Trump.

Dr. Altcoin is urging the Pi Core Team to act fast—particularly in approving Know Your Business (KYB) applications and introducing decentralized applications (DApps) within the Pi ecosystem before the event. According to him, this window is crucial to showcasing Pi as a serious blockchain project capable of drawing institutional attention.

However, time is running out. With just under a month until the conference, delays in migration and ecosystem rollout have already caused some developers to move their projects to other blockchains. If the Pi Core Team can execute on time, Consensus 2025 could become the turning point that the community has been waiting for.

Looking Ahead: Hopes vs. Reality

Currently trading near $0.64, Pi Network remains at a crossroads. On one hand, strong community backing and upcoming events could push the price into a new phase of growth. On the other, technical challenges and dissatisfaction around the Migration Roadmap pose risks that could delay or derail progress.

Speculation continues that Pi could one day reach prices as high as $30 if adoption explodes. But in the short term, the outlook remains cautious. The key lies in whether the development team can deliver on promises and whether the community continues to believe in the project’s long-term vision.

Until a clear breakout above resistance occurs, traders and investors are advised to watch closely and tread carefully.