piCoin

📉 Why Pi Coin is in a Bearish Trend

1. Technical Chart Patterns

Pi is in a descending triangle, marked by lower highs and horizontal support—a classic continuation of bearish momentum .

It’s trading near key support (around $0.55). A break below could trigger another drop toward the all‑time‑low of ~$0.40 .

2. Oversold, But Low Momentum

RSI and MFI indicators are showing oversold conditions (<30–35), suggesting a bounce could be possible—but trading volumes are currently very weak (<$100 M vs. $3 B earlier) .

3. Rising Sell Pressure

Exchanges now hold ~345 M PI (a 30% increase), raising the risk of sell-offs .

June–July token unlocks (~400 M PI) add to supply pressure .

4. Weak Catalysts & Utility

The recent .pi domain auction fell flat, and adoption/use cases remain limited .

Without strong utility or high-profile listings, investor interest remains low .

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⚠️ Key Levels to Watch

Support

**$0.51–0.55**: This is the major zone holding the price. A break below may result in a retest of ~$0.40 .

Resistance / Reversal Triggers

**$0.57–0.61**: Reclaiming this range, especially above $0.61, could set the stage for recovery toward $0.70 or $0.85 .

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📈 When Might Pi Become Bullish?

Based on market analysis:

**Short-Term (days to a week)**

A bounce could occur if the RSI/MFI oversold signals trigger reversal and volume returns. Watch for a move above $0.57–0.61 .

**Medium-Term (mid‑2025)**

Forecasts expect a 25% dip to ~$0.41 by mid‑July, with some recovery potential after that .

**Long-Term (mid‑2026 onward)**

Analysts anticipate possible bullish revaluation starting around mid‑2026, especially if ecosystem adoption accelerates and listings on major exchanges materialize .

**Very Long‑Term (by 2030)**

Optimistic projections predict Pi could reach $0.70–0.90, and in moonshot scenarios even $500–$1,000—though those targets rely on significant adoption and real-world use .

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🧭 What to Watch Going Forward

1. Price & Volume Action

A bounce is more likely if Pi holds above $0.55 and trading volume increases.

2. Upcoming Events

The Pi2Day event (June 28) could be a short-term catalyst—positive announcements might spur bullish sentiment .

3. On‑chain Metrics

Monitor any stabilization or decline in PI balances on exchanges—this would indicate reduced sell pressure .

4. Ecosystem Growth & Listings

Real use cases and listings on large platforms (Binance, Coinbase) are likely the most impactful long-term drivers .

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✅ Summary

Pi is currently in a bearish phase—technicals show weakness, supply pressure is high, and adoption is limited.

A short-term bounce is possible if it holds support and RSI oversold signals trigger momentum—key resistance lies at $0.57–0.61.

A more sustained bull run will likely require fundamental shifts: stronger ecosystem, token unlock absorption, and exchange listings.

Analysts project that mid‑2026 could be the turning point, assuming successful execution. Longer-term targets range widely ($0.7–$1 in 2026, potential moonshots much higher if Pi achieves mass use).

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Bottom line: Pi is close to a potential short-term rebound—but likely to remain in a bearish cycle until mid‑2026 unless major adoption and utility gains appear. If you’re holding, track support at ~$0.54–0.55 and upcoming updates like Pi2Day.

#pi
#PiCoreTeam
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The Pi Network price is currently down by over 2%, trading at around $0.61. After hitting a low of $0.55 and a recent high of $0.63, the price has been struggling to maintain the uptrend. This dip is partly linked to broader market weakness, especially after rising geopolitical tensions across the world.
At the moment, Pi Coin is still far from its all-time high of around $3, but the project’s network continues to grow, and developers are actively working on updates. Despite heavy withdrawals from the OKX exchange recently, the total Pi supply on exchanges has actually risen by 29 million in the past week, now sitting at 346.4 million Pi.
Looking at the charts, the price seems to be forming a possible double top pattern near a resistance zone, raising the question, will Pi break out or face another rejection? The MACD indicator has shown a slight bullish crossover, while trading volume remains steady.
Many traders are now wondering if Pi could climb towards the $1 mark soon. But the bigger question is — can it ever reach $50 or even $100 as some predictions suggest?
Also Read :  Pi Network Won’t Be Ready for Mass Adoption Until 2030, Says Crypto Analyst
What Could Drive Pi Coin Higher?
Analysts believe three major factors will decide Pi’s future:
Major Exchange Listings:
If big platforms like Binance or Coinbase list Pi, it could spark a massive price rally.Ecosystem Growth:
As more apps and services start accepting Pi, demand for the coin would naturally increase.Regulatory Approvals:
Clear rules from governments will be crucial. If regulations turn strict, it could slow down Pi’s growth.
Price Predictions: What’s Possible?
Short-term (next few weeks): If momentum picks up, Pi could revisit $1.50 to $3.Medium-term (by 2025): With strong adoption and exchange listings, it might reach $10 to $50.Long-term (by 2030 and beyond): If Pi successfully builds a solid crypto economy and gains mass adoption, optimistic forecasts suggest prices between $50 to $100. However, if adoption slows or early miners start selling off their holdings, it might remain under $10. #pi #PiCoreTeam #picoin #MyTradingStyle #SoftHustleSeries $BTC $BNB