Pi approaches $0.0773 support: Downside targets to watch

Traders Union
All News
Crypto
Pi drops 10.33% today to $0.0824

Highlights

Pi Network completed its Protocol v25 upgrade, targeting scalability and infrastructure improvements for future ecosystem development.
Despite the upgrade, negative overall market sentiment persists, preventing immediate price support for PI.
PI/USD trades decisively below key technical levels with strong downside momentum, expected to range between $0.0773 and $0.0893 over the next few sessions.

Protocol upgrade completed as negative sentiment dampens impact

Pi Network has completed the deployment of its Protocol v25 upgrade, an initiative designed to enhance blockchain infrastructure, bolster scalability, and lay the groundwork for future ecosystem expansion, according to Coinpedia. Such technical improvements generally improve network performance and can shape user and developer sentiment over time. However, this upgrade has so far not provided immediate support for PI, as broader market sentiment remains negative.

Broad technical weakness as momentum indicators signal oversold conditions

On the hourly chart, PI remains below the MA-20 and MA-50, with the daily price also under the MA-200. The Ichimoku Kijun currently marks resistance at $0.087. Momentum indicators reinforce the prevailing weakness: MACD and ADX point to sustained downside, while RSI, Stochastic RSI, and CCI are all signaling oversold conditions. Bull/Bear Power confirms seller dominance during the session, and the Awesome Oscillator supports the ongoing downtrend. No positive divergence has emerged, and intraday volatility remains high.

Downside risk persists as price faces resistance and key support

Over the next 2–3 trading days, the expected price range for PI is $0.0773 to $0.0893, reflecting typical volatility relative to current levels. The probability of a further downward move is high, with low odds for a meaningful rebound at this stage. Price stabilization within this band is the baseline outlook, but a break above the $0.087 resistance would be required to reverse the trend, while a drop below $0.0773 support could accelerate the sell-off.

Viktoras Karapetjanc, expert at Traders Union, sees the Protocol v25 upgrade as an important step for Pi Network’s future growth and scalability. He notes that market sentiment remains bearish for PI despite this positive development. Karapetjanc believes that the current price weakness is likely temporary, given the fundamental progress. He expects that stronger fundamentals will eventually attract investor confidence. "Patience is key — structural upgrades like v25 strengthen the long-term outlook, even if near-term price action remains pressured."

Earlier, analysts noted that Pi was under clear bearish momentum, with technical indicators signaling a high probability of continued downside. The current article reaffirms this bearish outlook amid intensified selling pressure, while highlighting $0.0773 as a pivotal support level to monitor for any potential acceleration of the decline.

Source of Data: PI Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.