PI Coin Price Analysis Summary
Price Drop: PI has broken below the $0.47 support level, continuing its downtrend and nearing a possible retest of its all-time low at $0.40.
A/D Line: Since June 25, the Accumulation/Distribution (A/D) line has dropped by 82%, signaling reduced buying interest and rising sell pressure.
DMI Indicator: The Directional Movement Index (DMI) shows -DI above +DI, confirming strong bearish momentum.
Resistance & Support: Between July 1–4, PI briefly consolidated between $0.50 (resistance) and $0.47 (support), but failed to hold.
Outlook: The recent breakdown suggests a deeper sell-off, and the chance of retesting the $0.40 low is increasing.