Pi Coin’s price has entered another phase of sideways movement after several attempts to break past resistance failed. Over the past few days, the cryptocurrency has remained largely stagnant, lacking strong investor participation.
Pi Coin’s price continues to hover within a narrow range, signaling hesitation among traders waiting for a clearer market direction.
Pi Coin Needs Support
The Chaikin Money Flow (CMF) indicator shows inflows into Pi Coin are slowly increasing, but the pace remains modest. This signals that while investor interest is gradually returning, it is still insufficient to fuel a meaningful breakout.
Without stronger capital inflows, the coin’s recovery could remain subdued in the short term.
Historically, rising inflows often serve as a catalyst for sustained rallies, but current CMF readings suggest liquidity pressure persists. To support a bullish reversal, Pi Coin needs consistent accumulation from investors and renewed participation from large holders.
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Pi Coin CMF. Source: TradingView
From a macro perspective, Pi Coin’s market momentum is showing early signs of stabilization. The Squeeze Momentum Indicator reveals that bearish pressure is gradually fading, indicating that sellers may be losing control. However, momentum remains muted as traders await confirmation of a trend reversal.
A squeeze buildup on the chart suggests a potential volatility expansion is approaching. If this squeeze releases in favor of the bulls, Pi Coin could experience a notable price jump.
Pi Coin Squeeze Momentum Indicator. Source: TradingView
PI Price Needs To Breakout
Pi Coin is currently priced at $0.207, sitting just below the $0.209 resistance. The altcoin has remained rangebound for nearly two weeks, holding above the critical $0.198 support zone. This consolidation phase highlights indecision among traders as both bulls and bears struggle for control.
If market inflows strengthen, Pi Coin could break through the $0.209 resistance and rally toward $0.229. Sustained buying volume and renewed investor participation will be essential for this move. A confirmed breakout above $0.209 would signal improving momentum and attract new short-term traders.
Pi Coin Price Analysis. Source: TradingView
However, if Pi Coin faces bearish headwinds, the price could continue consolidating or dip below $0.198. A break under this support might push the coin toward $0.180, invalidating the bullish outlook. Weak inflows and selling pressure would likely reinforce this downside scenario.
