Denial.
Up 60% in a blink. Down before your bags even loaded.
From $0.40 to $0.79… back to $0.64. Sound familiar?
Was it a breakout? Or just another sugar rush?
Let’s cut through the noise:
Retail High, No Real Muscle
That pop wasn’t strength — it was FOMO.
Low-cap + volume spike = trader bait. But when the hype fades? So does the chart.
Still 70% Below ATH
PI touched $2.98 in February.
That wasn’t adoption — it was pseudo-listing madness.
Even now, it’s down bad. Context matters.
Token Unlocks Incoming
Here’s the elephant in the room: unlocks.
More supply, no demand boost.
You know what that means — downward pressure loading.
Still in the Shadows
No Binance. No Coinbase. No major CEX.
No serious liquidity = No serious capital.
Until that changes, PI stays niche.
Volume’s Fading Fast
The pump’s already losing steam.
Volume dropping = exit ramps for early apes.
No follow-through, no conviction, just noise.
Levels to Watch
• Resistance: $0.693
• Support: $0.544 → $0.407
• 50 EMA: $0.675
• RSI: Neutral zone — directionless drift
PI needs a clean break above $0.693 with volume.
Otherwise, it’s just trapped in chop city.
Bottom Line:
Pi Coin’s running on vibes and volatility.
No fundamentals. No listings. Big unlocks looming.
That doesn’t mean it’s dead — but don’t confuse chaos with strength.
This ain’t about conviction. It’s about timing.
Play it right. Or don’t play at all.
