Pi crypto's price failed to hold above $0.11 on Wednesday, giving back an intraday surge after Pi Network's Protocol v26 upgrade deadline passed. The token slipped back toward the $0.080 support level that traders have been watching, with $0.10 now acting as the immediate barrier.
Upgrade deadline passes
The Protocol v26 upgrade deadline came and went this week without the kind of sustained momentum that some holders had hoped for. The token had climbed earlier in the session, but the move faded as the deadline approached and then passed. The deadline was the main event on Pi Network's calendar this week, and the market's reaction was muted.
Key levels in focus
Traders are now watching $0.080 as the next support floor. A break below that could open the door to further downside, while a reclaim of $0.10 would put the token back in a more constructive position. The rejection at $0.11 leaves the token trading between the two levels, a range that traders have been monitoring closely.
The immediate question is whether $0.080 holds. If it does, the token could attempt another push toward $0.10. If it doesn't, the next support is unclear. The upgrade deadline has passed, and the market is now left to digest the price action on its own.
