Pi falls over 11% as heavy 2026 token unlocks and selling pressure weigh on sentiment
Pi (PI) slumped 11.34% as heavy upcoming token unlocks in the second half of 2026 remain a central concern for sentiment, with the move amplified by sustained selling pressure following its recent sharp downturn. Fresh lows are supported by Pi trading well below its short-, medium-, and long-term moving averages, while technical momentum indicators confirm a negative setup.
Highlights
- Pi Network's token has lost over 96% since its March 2025 peak amid persistent volatility and supply overhang concerns.
- A recent price rebound aligns with broader crypto market recovery, but token unlocks expected in 2026 limit optimism.
- Technicals remain strongly bearish, with price trading below key averages and high probability of a move toward the $0.0452–$0.0907 range.
Volatile price action as supply overhang tempers rebound optimism
Pi Network's native token has experienced significant volatility after losing more than 96% of its value since its March 2025 all-time high. The latest rebound was reported to coincide with broader recoveries in the cryptocurrency market driven by softer U.S. inflation data. Ongoing supply overhang from scheduled token unlocks in 2026 continues to weigh on price outlook, with community sentiment and network development remaining important factors.
Multiple technical breakdowns confirm strong seller momentum
PI/USD continues to trade well below its short-, medium-, and long-term moving averages, with the current price at $0.0756 versus the MA-20 at $0.1073, MA-50 at $0.1233, and MA-200 at $0.1652. This alignment points to ongoing pressure from sellers across all timeframes, with the Ichimoku Kijun ($0.1049) confirming resistance, and immediate ranges marked by the near-term ceiling at $0.0839 and the near-term floor at $0.0726. Momentum signals remain negative, as both the MACD (-0.0168) and the Average Directional Index (ADX) at 36.3109 forecast a sell bias. The Relative Strength Index (RSI) is deeply oversold at 15.92, with the Stochastic RSI (15.28) and Commodity Channel Index (CCI at -139.89) both firmly in oversold territory. Bull/Bear Power (BBP) at -0.0092 shows sellers dominating intraday moves, which is in line with the Awesome Oscillator's sell signal. The price is down $0.0097, or 11.34%, after opening below yesterday’s close by an estimated 7.27% downside gap. Action remains near the session’s low, and volatility is elevated at 15.56%. Current momentum indicators align with the day’s strong selling pressure and confirm a heavy intraday tone.
Earlier, analysts noted that Pi remained under extended bearish pressure, citing persistent selling momentum and caution among traders. The current setup strengthens this view, as deep oversold readings and heightened volatility reinforce downside risk, making a break below $0.0726 a key trigger to monitor for further declines in the days ahead.
- Forex
- Crypto