#pi Coin is going through a tough time right now and what's coming 👀🔥
Investor sentiment is at a 3-month low, and there's been a significant outflow of capital .
The Chaikin Money Flow (CMF) has dropped to a 3-month low, indicating that more money is leaving Pi Coin than entering it 📉.
Currently, Pi Coin is trading at $0.44, which is just 9% above its all-time low (ATL) of $0.40
. If the sentiment doesn't shift, we might see Pi Coin testing its ATL soon, potentially leading to further losses .
However, there's a glimmer of hope 🔥.
Some analysts predict that if Pi Coin breaks out of its falling wedge pattern, we could see a 35% rally to $0.64 🚀.
The stoch RSI has even created a buy signal, which could aid this upward recovery.
What do you guys think about Pi Coin's current situation? 🤔