Is Pi Network Poised for a Breakout This Month?

Pi Network traded near $0.0958 on Tuesday, marking a modest gain of about 1.3 percent. While the price remains just below the psychological $0.10 barrier, recent movement shows the token is shaking off the weakness seen earlier in September. This uptick has caught the attention of traders looking for a fresh trend.

The broader market landscape is currently showing signs of cooling off. Bitcoin has been hovering below $79,000, while Ethereum is trading around the $2,500 mark. Meanwhile, XRP is holding steady near $1.40 as market participants adjust their positions amidst the wider pullback.

For Pi Network, the next hurdle is clear. Breaking and sustaining a price above $0.10 could act as a signal for further upward movement. Traders will be watching closely to see if this momentum holds through the rest of the month as the token attempts to establish a new support level.