CryptoSignals News
Join our Telegram

PI/USD Struggles Below $0.21 as Buyers Fail to Prevent Further Weakness

Estimated Reading Time: 2 minutes

Article Rating:
Based on 1 vote
Login to rate this article.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more

PI/USD Struggles Below $0.21 as Buyers Fail to Prevent Further Weakness

PI/USDT Price Analysis – Pi Traders are Trapped in Consolidation

Pi Network trades around $0.2057, down 0.82% in the last 24 hours as the token remains trapped within a tight range between $0.18 and $0.30. The market continues to display limited momentum, with sellers maintaining pressure and buyers struggling to establish control above the $0.21 mark.

Pi Network Key Zone

Support Zones: $0.2050, $0.1830
Resistance Zones: $0.2300, $0.3094, $0.4099

PI/USD Struggles Below $0.21 as Buyers Fail to Prevent Further Weakness

The broader trend remains sluggish as both the 9-day and 21-day moving averages slope downward at $0.2298 and $0.2308, signaling persistent weakness. The Money Flow Index at 23.67 confirms light inflows and subdued demand, reflecting reduced trader participation. A sustained close above $0.23 would be the first signal of recovery potential, while failure to hold $0.20 could drag the price toward the $0.1830 demand area.

Pi Network appears to be consolidating in a neutral-to-bearish structure with flat momentum on lower timeframes. Holding above $0.20 remains crucial to prevent deeper losses. A move above $0.23 could open the path to $0.30 and possibly $0.40, while any breakdown below $0.20 would likely invite another wave of selling toward $0.18.

PI/USD Struggles Below $0.21 as Buyers Fail to Prevent Further Weakness

Market Expectation

Pi Network trades with little volatility as traders remain cautious. With sentiment neutral and volume muted, short-term recovery attempts may stay capped below $0.23. Unless buyers regain control, the token could remain range-bound with a mild bearish bias in the near term.

You can purchase Lucky Block here.  Buy LBLOCK

Note: Cryptosignals.org is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

Recent News

October 27, 2023

BNB May Retreat below $220 to Resume Its Range-Bound Pattern

BNB (BNB) Long-Term Analysis: Bullish There has been a decline in BNB (BNB) prices as it attempts to resume its range-bound pattern. The crypto asset was trading in a bearish trend zone before the price increase. The altcoin surged to a high of $237.60 before plummeting. BNB was trading in a range ...
Read More
January 25, 2024

$SPONGE (SPONGE/USD) Traders Cash In on Successful Trading Strategy

On January 19, the market tested the $0.0012 price level before initiating a downward trend. The bullish intervention, observed around the $0.0008436 price level on January 21, led to expectations that bullish traders would drive the market toward the targeted price of $0.0012. This anticipated tar...
Read More

Join Our Free Telegram Group

We send 3 VIP signals a week in our free Telegram group, each signal comes with a full technical analysis on why we are taking the trade and how to place it through your broker.

Get a taste of what the VIP group is like by joining now for FREE!

arrow Join our free telegram