Pi Network Confirms Bearish Market Structure Shift

Price Analysis – Pi Network Sellers Could Drift Lower

Pi Network is displaying a decisively bearish long-term outlook. The price recently broke down from an extended period of consolidation, dropping beneath the key structural pivot at $0.3094. This confirms that the multi-month sideways action was a period of distribution, positioning sellers for the next phase down.

PI/USDT Key Level

Resistance levels: $0.3094 $0.4099
Support Levels: $0.2194, $0.2600

The Daily MACD is deep in negative territory and confirms the strong bearish momentum following the structural break. The current price for PI/USD is $0.2665. Sellers are clearly in control.

The most likely bearish path involves the current consolidation resolving lower, leading to a definitive test of the major support at $0.1830. The RSI (29.97) is oversold, suggesting a minor bounce or retest of $0.3094 is possible, but traders should view any upside as a short-term correction within the larger downtrend.

A genuine bullish path is only conceivable if buyers could aggressively reclaim the $0.3094 breakdown level, which is highly unlikely given the current structural environment.

Market Expectation

The 4-Hour chart shows that the price is engaging in a tight ranging movement, often referred to as a bear flag pattern. This behavior indicates that sellers are resting before pushing for continuation. The MACD is attempting a minor bullish crossover, suggesting a brief period of relief. The most probable short-term scenario is a continuation of the bearish trend. A clean breakdown below the $0.2194 pivot will lead to a rapid move to test the $0.1830 major support.

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