Pi Network (PI) has fallen over 4% in the past 7 days, reflecting a fragmented market sentiment, with key technical indicators sending mixed signals.

The DMI indicator shows that the downward momentum is slowing down, opening up the possibility of a trend reversal. Meanwhile, the CMF (Chaikin Money Flow) continues to maintain a slight inflow signal – a positive factor, albeit not very strong.

Notably, the EMA lines are converging, indicating a consolidation phase. The PI price is currently fluctuating just above the important support area at $0.601 – a key boundary for the upcoming trend.

The next developments will depend on whether PI can maintain this support level or conversely, break through nearby resistance areas to establish a clearer recovery trend.

The DMI signal of Pi Network is losing its bearish momentum.

The Directional Movement Index (DMI) of Pi Network shows that the ADX indicator – a measure of trend strength – has dropped to 34, compared to 44.59 just a day prior.

Previously, the ADX surged from 16.89 to above 44 within three days, reflecting a strong trend forming rapidly. However, the latest decline implies that the momentum of this trend is weakening.

ADX does not measure the direction of price but only reflects the strength or weakness of the trend. A level below 20 indicates a sideways market or lack of a clear trend, while above 25 indicates a strong trend.

With the ADX still holding above the 30 threshold, it can be affirmed that Pi Network remains in a distinct trend – but the momentum is stalling, signaling the risk of a correction or consolidation in the short term.

According to directional indicators, buying pressure is showing significant signs of increase. The +DI index has soared to 20.89 from just 4 points two days ago, indicating that buying pressure is returning to the market.

Conversely, -DI (representing selling pressure) has sharply dropped to 32.68 after hitting a peak of 70.57 just three days prior. This movement signals that the downward momentum is rapidly weakening, reflecting that the selling side is losing its advantage.

The narrowing gap between +DI and -DI, especially in the context of increased buying power, could signal a shift in market sentiment. If this trend continues – with +DI maintaining its upward momentum and -DI continuing to decline, Pi Network is likely to enter a recovery phase or at least a neutral stage after the recent sell-off.

CMF PI shows slight buying pressure following a recent surge.

The Chaikin Money Flow (CMF) of Pi Network is currently recorded at 0.07 – down from a recent peak of 0.19 two days ago, but still higher than the -0.05 established three days prior.

CMF is a tool for measuring accumulation or distribution of money, combining price and trading volume to determine whether money is flowing into or out of the market. A positive CMF value reflects buying pressure, while a negative value indicates that selling pressure is dominant.

Typically, levels exceeding +0.1 or falling below -0.1 are seen as strong signals for accumulation or distribution activities.

The current CMF level of PI at 0.07 indicates slight but positive buying pressure.

Although not strong enough to confirm robust accumulation activity, it indicates that capital is still flowing into the asset, albeit not as strongly as two days ago.

If the CMF continues to hold above 0, it could support stability or a gradual price recovery. However, if it drops below 0, it may signal weakening demand and potential downside risks.

Breakout or breakdown? PI is trading near a critical level.

The EMA of Pi Network currently shows a consolidation phase, after recovering from a sharp decline due to escalating conflict between Israel and Iran.

Price action is fluctuating just above the important support level of $0.601. If this level is broken, the price of PI could drop to $0.542, and if the decline accelerates, the price could fall further to $0.4.

This structure reflects uncertainty, with no clear bullish or bearish control at this moment.

On the positive side, if PI can break through the resistance levels at $0.647 and $0.658, it could trigger a new upward trend.

A successful breakout above these areas could open the door for a move toward $0.796.

The current EMA setup supports a neutral stance, awaiting a decisive move in either direction.