Pi Coin price has started to show early signs of a rebound after weeks of pressure. Price action still looks muted on the surface, trading largely flat over the past seven days. But underneath, capital behavior is shifting in a way that usually appears before larger moves. Money is beginning to return, and dips are no longer being sold aggressively.
The focus is now very specific. Pi Coin’s repeated interaction with the $0.21 level is shaping both momentum and trader behavior. Whether the PI price finally moves away from this zone or stays trapped by it will likely decide the next meaningful trend.
Capital Returns as Dips Get Absorbed
The first signal comes from capital flow.
The Chaikin Money Flow (CMF) tracks whether big money is flowing into or out of an asset by combining price and volume. When CMF stays above zero, it suggests buyers are in control overall.
Pi Coin’s CMF has crossed above the zero line for the first time in weeks and has also broken above a descending trendline that previously capped buying attempts. This is important because the last time CMF failed at this same trendline after crossing it briefly, Pi Coin went on to correct by roughly 32%. This time, for an upside, the CMF must hold above the trend line and also the zero line.
Big Money Returns: TradingView
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Dip behavior reinforces that shift.
The Money Flow Index (MFI) measures buying and selling pressure by factoring in both price movement and traded volume. Unlike CMF, which tracks broader capital flow, MFI focuses on whether traders are actively buying dips or selling into them.
Between December 6 and December 19, Pi Coin’s price trended lower, while MFI rose. That divergence shows that even as price softened, volume-weighted buying increased. In simple terms, sellers pushed prices down, but buyers quietly absorbed supply.
Pi Coin Dips Are Being Bought: TradingView
When CMF stabilizes above zero, and MFI rises during pullbacks, it usually points to early accumulation, not distribution. That combination suggests capital is positioning, even if the price has not responded yet.
Why the $0.21 Pi Coin Price Obsession Matters
The $0.21 level has dominated Pi Coin’s price behavior since late October. It has acted as both a ceiling and a floor, repeatedly pulling the price back toward it.
When Pi Coin broke above $0.21 on October 26, the price rallied roughly 42%. When it lost the same level on December 11, the PI price slid about 11%. That history explains why the price keeps orbiting this zone and why PI traders consider it critical.
If the Pi Coin price can reclaim and hold above $0.21, the next logical target sits near $0.24, close to the structurally strong 0.618 Fibonacci level. That move would imply upside of roughly 21% from current levels. But if price fails to move out of this zone again, the market risks remaining range-bound despite improving capital flows.
Pi Coin Price Analysis: TradingView
Not being able to reclaim $0.21 with a daily close could open the downside near $0.19 or even $0.15 if the money flows weaken.
For now, Pi Coin’s setup is pretty direct. Capital is returning, dips are being bought, and selling pressure has eased. But real progress only comes if the Pi Coin price finally breaks free from its fixation on $0.21. Until then, accumulation can continue quietly, but the upside remains delayed.
