Pi holds above $0.091 as OpenPay restores cash-in feature

Key takeaways

• Pi Network is holding its ground above $0.091, preserving a 10% gain achieved in August.
• Web3 wallet OpenPay has brought back its cash-in option, allowing users to swap PI and other digital assets for the OUSD stablecoin.
• To secure a stronger bullish trajectory, PI needs to clear the resistance zone between $0.1000 and $0.1022.

On Tuesday, Pi Network maintained its upward momentum by trading in positive territory above $0.091, locking in the 10% gains it accumulated over August.

This price recovery comes alongside news that OpenPay has brought back its cash-in capability. The feature lets users swap PI and other supported altcoins into the OUSD stablecoin, facilitating payments and transfers.

Even with this boost in utility, PI is still trading under the key psychological threshold of $0.1000. A decisive move above this level is necessary to establish a more robust upward trend.

OpenPay Re-Enables Cash-In Services for PI

On Monday, OpenPay—a decentralized Web3 wallet integrated with the Pi Network ecosystem—announced the return of its cash-in functionality, citing strong demand from its community.

The wallet’s network includes 96 partners, ranging from local banks in the Philippines to international payment giants like PayPal and Apple Pay.

To make payments using PI, holders must first convert their tokens into OUSD. These stablecoins can then be used to complete QR-code payments, execute transfers, or send funds back to a Pi Wallet.

While the return of this feature boosts PI’s real-world utility by offering holders more ways to transact, OpenPay’s implementation of stricter Know Your Customer (KYC) protocols could spark privacy and accessibility concerns among some users.

PI Price Faces Resistance Below the $0.1000 Mark

PI was exchanging hands around $0.0915 on Tuesday, struggling to break past the psychological hurdle of $0.1000.

The token is currently consolidating above the 23.6% Fibonacci retracement level of $0.0836, calculated from its drop from a high of $0.1341 to a low of $0.0703.

This sideways price action shows that buyers are stepping in to defend lower price points, though persistent selling pressure near $0.1000 continues to cap any upward breakouts.

For a more convincing bullish outlook, PI must clear the $0.1000 level. This resistance is further strengthened by the 50% Fibonacci retracement level at $0.1022, creating a notable supply barrier between $0.1000 and $0.1022.

A daily close above this resistance block could attract sidelined buyers, potentially driving the token toward the 78.6% Fibonacci retracement level at $0.1204.

On the daily chart, the Moving Average Convergence Divergence (MACD) indicator and its signal line are tracking flat just above the zero line.

This neutral alignment indicates that bullish momentum remains subdued, despite PI holding onto its monthly gains.

Meanwhile, the Relative Strength Index (RSI) is hovering around 52, placing it slightly above the neutral 50 level. While mildly positive, this reading highlights a lack of aggressive buying interest.

Consequently, technical indicators point to continued consolidation unless buyers gather enough strength to break through the $0.1000 ceiling.

On the downside, the 23.6% Fibonacci retracement level at $0.0836 serves as critical short-term support.

Should the price break below this support, PI could revisit its swing low of $0.0703. Falling below that point would invalidate the ongoing recovery and potentially push the asset into a new price-discovery phase.

Ultimately, PI’s near-term trajectory hinges on whether bulls can reclaim the $0.1000–$0.1022 resistance zone or if bears will drag the price below key support at $0.0836.