Pi Coin (PI) is holding near $0.208, down almost 1% in the past 24 hours and more than 53% in three months. Retail buyers are trying to hold the line, but chart signals suggest more downside ahead.
On the 4-hour chart, Pi Coin is forming a head-and-shoulders pattern, a setup that often signals a breakdown inside a broader downtrend. The neckline sits around $0.199, and a fall below $0.196 could trigger a 9.5% drop toward $0.180.
The Money Flow Index (MFI) shows retail inflows improving slightly, forming a small bullish divergence — meaning dip-buying continues. But the Relative Strength Index (RSI) tells a different story. Between October 6 and 13, RSI made a higher high while price made a lower high, forming a hidden bearish divergence that points to fading momentum.
The Chaikin Money Flow (CMF) also remains under zero, showing weak large-wallet interest. For bulls to regain control, Pi must close above $0.210 — and a true reversal would need a breakout past $0.228. Until then, the pressure under $0.19 keeps the risk tilted to the downside.
On the 4-hour chart, Pi Coin is forming a head-and-shoulders pattern, a setup that often signals a breakdown inside a broader downtrend. The neckline sits around $0.199, and a fall below $0.196 could trigger a 9.5% drop toward $0.180.
The Money Flow Index (MFI) shows retail inflows improving slightly, forming a small bullish divergence — meaning dip-buying continues. But the Relative Strength Index (RSI) tells a different story. Between October 6 and 13, RSI made a higher high while price made a lower high, forming a hidden bearish divergence that points to fading momentum.
The Chaikin Money Flow (CMF) also remains under zero, showing weak large-wallet interest. For bulls to regain control, Pi must close above $0.210 — and a true reversal would need a breakout past $0.228. Until then, the pressure under $0.19 keeps the risk tilted to the downside.
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Leader in crypto news, award winning journalism in 26 languages.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.