While most altcoins crumbled under pressure from renewed U.S.–China trade tensions, Pi Coin managed to stay surprisingly firm.
Despite sliding 23% in the past week, the token never lost its critical $0.15 support zone, signaling that sellers may be losing steam.
After the market shock triggered by President Trump’s 100% tariff threat, Pi Coin briefly dipped but quickly stabilized. Since October 7, it has recovered to around $0.20, hinting at renewed confidence from buyers. On-chain signals now suggest that the selloff may be nearing exhaustion.
Fading Sell Pressure Suggests Bulls Are Quietly Returning
Trading data shows a visible slowdown in selling momentum. The Wyckoff-style volume spread indicator – which tracks the tug-of-war between buyers and sellers – has shifted from deep red to yellow, showing that bearish control is fading. Even more telling, the yellow bars are shrinking daily, mirroring the same pattern seen before Pi Coin’s 40% surge in early August.
The Chaikin Money Flow indicator reinforces this narrative. Despite a brief dip below zero, CMF remains far stronger than it was a month ago, suggesting that large investors are still accumulating even as retail traders stay cautious. This gradual inflow of capital could act as the foundation for Pi’s next rebound attempt.
Technical Setup Points to a Possible Breakout
On the 12-hour chart, Pi Coin has formed a bullish divergence between price and the Relative Strength Index (RSI). While the token set lower lows, RSI moved higher – a classic sign of waning downward momentum and an early hint of a potential reversal.
Currently hovering near $0.201, Pi Coin is testing resistance at the 0.236 Fibonacci retracement level. A decisive move above $0.205 could spark an advance toward $0.238, representing an 18% gain. Sustained momentum might even carry the token toward $0.26 or $0.29, provided broader market sentiment improves.
However, analysts warn that a slip below $0.184 would invalidate the recovery setup and open the door for a deeper retracement toward $0.15.
For now, Pi Coin’s ability to stay resilient amid extreme volatility stands out as a rare sign of strength in an uncertain market – one that could soon reward patient traders if current signals hold.
