PI/USDT Nears Crucial Support After 90% Drop from Peak
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Pi Network Price Analysis – PI/USDT consolidates near $0.22–$0.24 floor as oversold signals emerge
Pi Network is trading near $0.24, consolidating at multi‑month lows after a prolonged bearish trend that has erased nearly 90% of its value since the February 2025. Sellers remain dominant, with capital flow tilted toward continued downside pressure.
PI/USDT Key Levels
Support Levels: $0.22, $0.20
Resistance Levels: $0.24 , $0.38
The token is now pressing against the long‑term descending trendline support, a structural level that has defined the broader downtrend channel since its peak. The daily structure confirms Pi’s containment within a descending channel. While momentum remains bearish, oversold oscillators suggest exhaustion. Buyers must defend the $0.22 floor to avoid capitulation toward $0.18–$0.21.
Pi Network’s decline reflects broader fatigue in speculative altcoins following its high‑profile launch. Liquidity remains thin, with sellers dominating order books. Yet oversold technicals and compressed volatility hint at potential rebound energy if buyers can stabilize the base.
A decisive break above $0.28 and the upper channel trendline would invalidate the long‑term bearish structure, opening recovery potential toward $0.30–$0.41. Failure to defend $0.22 confirms channel continuation, exposing deeper targets at $0.18–$0.21.
Market Expectation
Market ExpectationOn the 4‑hour timeframe, Pi shows tentative consolidation after the sharp decline toward the channel’s lower boundary. Price is battling to reclaim $0.24, with intraday candles compressed in a narrow band.
The intraday MACD crossover signals a fleeting bullish flicker, consistent with oversold conditions. Sustained closes above $0.24 would strengthen the case for a corrective drift toward $0.28. Failure to hold $0.22 would confirm continuation of the channel downtrend.
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