High volatility and technical resistance

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Pi Network slides 7.09% today

Highlights

Pi Network (PI) trades at $0.2251, below its MA-50 ($0.2549) and MA-200 ($0.4635), indicating persistent medium- and long-term selling pressure.
Recent Pi Network announcements address ongoing market challenges, but no regulatory, institutional, or tokenomic events have directly impacted the asset.
PI is expected to remain rangebound between $0.1336 and $0.2155 next week, with less than a 20% probability of an upward breakout.

Platform announcements issued as response to post-decline uncertainty

Following a period of considerable decline, Pi Network has issued important announcements aimed at addressing recent market challenges. These updates represent the platform's active communication response to its current situation, though specific operational impacts have not been disclosed. There have been no reported regulatory, institutional, or tokenomic events directly affecting the asset.

Seller dominance confirmed amid neutral and conflicting momentum signals

Momentum signals for PI are mixed. While the MACD remains neutral and the daily ADX shows a bullish reading, RSI and Stoch RSI continue to indicate mild selling pressure without reaching oversold territory. The CCI is neutral, with Bull/Bear Power only slightly positive, and the Awesome Oscillator lacking trend confirmation. Today featured a gap down at the open, heavy intraday selling, and persistent high volatility between $0.2220 and $0.2330, confirming sellers' dominance and a weak short-term tone.

Limited upside outlook as key technicals skew bearish

Looking ahead, PI is expected to trade between $0.1336 and $0.2155 with an average projection of $0.1745 for the coming week. Major weekly indicators (RSI, ADX, MACD, MA-50) are neutral or bearish, suggesting a less than 20% probability of upward movement. The baseline scenario foresees sideways price action within this range, with a break above $0.2307 possibly targeting $0.2549, while a drop below $0.2220 could open the way to $0.2155 or lower.

Anton Kharitonov, analyst at Traders Union, sees Pi Network facing persistent downward pressure, with short-term stabilization above $0.2222 but no credible reversal signals in sight. He notes that while the platform has tried to address recent declines through announcements, there remains a lack of clear operational catalysts and technical indicators continue to skew bearish or neutral. Base case remains defensive, with downside risk prevailing unless the price can convincingly reclaim $0.2307. "Until buyers show real commitment above $0.2307, I view any bounce as just temporary noise rather than a true reversal."

Last time we reported that the asset continued to face steep market challenges, with an $18 billion decline in market value. The previous update also highlighted the launch of new DeFi features, such as a DEX and AMM pools on the testnet, to support further innovation within the ecosystem.

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.