Pi Coin Stuck Between Whale Conviction and Retail Slowdown — Which Side Breaks First?

Pi Coin price has traded almost flat over the past week, up 1% in the past 24 hours, but still down 14% weekly. Since the November 4 crash, when the token briefly dipped to $0.20, it has stayed in a narrow range.

That calm hides a deeper shift — retail traders are slowing down, but large holders seem to be cautiously supporting the price.

Retail Cools While Whales Hold the Line

Two major money flow indicators now show why Pi Coin’s range is holding firm. The Money Flow Index (MFI), which measures buying and selling strength using both price and volume, broke below its upward trendline on November 2.

That move possibly signals that retail inflows are fading, as smaller traders paused accumulation amid the Pi Coin price slowdown.

Pi Coin Money Flow Weakens: TradingView

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At the same time, the Chaikin Money Flow (CMF), which tracks whether large investors are moving money in or out, took support at its lower trendline on November 3 and has started turning up. While CMF is still below zero, this recovery hints that whales are stepping in, preventing a deeper fall.

Large Wallets Are Back: TradingView

These opposite trends explain Pi Coin’s steady range: retail activity is cooling, but big money is quietly defending the lows. If CMF crosses above zero and MFI reverses higher, both money streams would point in the same direction. That’s often the first sign before a breakout.

RSI Divergence Builds Early Pi Coin Price Rebound Potential

Momentum also shows hints of recovery. Between October 25 and November 4, Pi Coin’s price made a lower low, while its Relative Strength Index (RSI), which measures momentum, made a higher low, forming a bullish divergence. This pattern often means sellers are losing strength and buyers are beginning to return.

To confirm a rebound, Pi Coin must hold above $0.22 and break $0.25 — a 17.25% gain from current levels. Clearing that level could open paths toward $0.27 and $0.29.