Pi Coin remains in a tight consolidation range following a failed breakout earlier in the week. Despite growing social activity around the Pi2Day celebration on June 28 and ongoing speculation about a Binance listing, price action shows weakening momentum. Key technical indicators continue to point toward a bearish bias.

After spiking to $0.66 on June 25, Pi Coin price was swiftly rejected and has since settled between $0.52 and $0.54. The lack of follow-through and declining volume suggest limited buying interest at current levels.

Let’s take a closer look at today’s setup.

What We Got Right Yesterday

In yesterday’s outlook, we noted that unless Pi Coin could close above $0.60, the price risked drifting back toward $0.52. That scenario played out as the token failed to reclaim higher ground and instead moved toward the lower end of the short-term consolidation band.

We also highlighted that a break below $0.60 would reintroduce bearish pressure. Price action followed this path, with no signs of bullish continuation and most indicators leaning toward further downside.

Pi Coin Daily Overview (June 29)

  • Current Price: $0.5306

  • 24h Change: -4.62%

  • 4H RSI (14): 42.70

  • Volume: Flat and fading

Pi Coin price continues to hover just above short-term support near $0.52. The price has failed to break above the $0.56 resistance zone and is trading within a narrow channel, indicating low conviction among buyers. Sellers remain in control of momentum, with no breakout signs visible at the current time.

What the Pi Coin Chart Is Showing

The 4H chart reveals a textbook failed rally, with a sharp move to $0.66 followed by immediate rejection. This created a lower high structure, resetting momentum back to a consolidation zone near prior support.

No active trendline is supporting the current move, and Pi Network’s price structure resembles a potential bear flag. Short-bodied candles reflect indecision, while rejection wicks confirm active selling pressure at each attempt to climb.

Until Pi Coin reclaims $0.56 on convincing volume, any rallies are likely to be short-lived. Breakdown risk remains if $0.52 fails to hold.

Source: TradingView.com

Read Also: 10 Reasons Why SUI Is Trending This Week

Technical Indicators (Hourly Timeframe)

Indicator Value Signal / Interpretation RSI (14) 42.708 Weak momentum, leaning bearish MACD (12,26) -0.004 Bearish crossover, fading strength CCI (14) -55.401 Mild bearish pressure Ultimate Oscillator 46.741 No momentum shift, bearish edge ROC -0.026 Price slipping slowly Bull/Bear Power (13) -0.0056 Bears slightly dominant

Summary: All key hourly indicators remain in “Sell” territory. No clear bullish divergence is present, and momentum continues to fade.

Pi Coin Price Prediction Scenarios

Bullish Scenario:

If price is brought back to $0.56 and it holds the breakout, it would test $0.60 and maybe retest the $0.63–$0.66 area. This setup is not active yet.

Neutral Scenario:

Pi Coin price may continue consolidating between $0.52 and $0.54 if volume stays low and no external catalysts appear.

Bearish Scenario:

A breakdown below $0.52 could trigger a move toward the $0.47–$0.49 support zone. Failure there would expose the $0.45 level and below.

Wrapping Up

Pi Coin price remains under pressure after failing to hold its recent rally. With technicals being bearish and price stuck below large resistance, the path of least resistance remains sideways to down.

Unless news of the rumored Binance listing filters in or volume returns, the likeliest destiny is continued consolidation in the $0.52–$0.54 range. Traders will anxiously wait for a breach in either direction to initiate the next directional thrust.

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The post Pi Coin Price Prediction For Today (June 29) appeared first on CaptainAltcoin.