The Pi Network price today is hovering near $0.502, showing signs of fatigue after a short-lived recovery attempt from the $0.48 low. While short-term buyers attempted to reclaim momentum, the overall Pi Network price action remains firmly under bearish control, with multiple resistance rejections and breakdown structures visible across all timeframes.
What’s Happening With Pi Network’s Price?
The daily chart shows a prolonged downtrend since the $3.00 high in March, with price now consolidating below both dynamic and structural resistance. The recent rejection from $0.537 and failure to close above $0.5896 reinforces the ongoing bearish channel. Trendlines on the daily and 4-hour charts confirm lower highs and descending volume, while liquidity pockets above remain untapped.
On the 4-hour timeframe, PI formed a failed breakout from a descending wedge, followed by a rejection at $0.537 and a breakdown into the lower support zone near $0.48. The price remains trapped within a compression zone, failing to sustain any bullish flag formations. Liquidity SMC zones …
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