Pi Coin's Big Money Surprise Could Set Up a 23% Breakout

Pi Coin is forming a cup and handle pattern, with significant capital inflows during its consolidation phase, according to BeInCrypto. Despite a rejection at $0.20, big money has been buying rather than selling, as indicated by the Chaikin Money Flow (CMF) reading of 0.06, suggesting accumulation. The Relative Strength Index (RSI) also shows a hidden bullish divergence, signaling potential continuation of the uptrend. A breakout above $0.200 could lead to a 23.62% increase, targeting $0.247, while a close below $0.163 would invalidate the pattern.