I noticed that Pi Network maintained a solid support level around $0.17 today, with a slight increase of about 1% over the past 24 hours. The price stabilized above $0.16, which is considered a genuine support level because buyers have defended it multiple times during previous corrections.

What draws attention is that the project has set March 1st as the deadline for upgrading the main contract protocol. This event could be a catalyst for the price, especially since the contract plays a crucial role in network stability and transaction verification. The project confirms that all contract operators must complete the update by the deadline; otherwise, communication with the network will cease.

From a technical perspective, the RSI indicator is moving around 53 on the four-hour chart, indicating that pi crypto value remains in a neutral zone but has room to rise. The MACD indicator also shows some early positive signs with a beginning of a bullish crossover.

The main resistance is at $0.18, and if the price breaks through strongly, we could see a move toward $0.20. On the downside, if we lose $0.16, the next support is close to $0.14. Traders are waiting to see how the market will react to the upgrade date and whether it will boost pi crypto value or not.