Pi Coin Investors’ Remain Weak as Price Eyes 15% Drop Recovery

Pi Coin’s price stands at $0.235 at the time of writing, after successfully breaching the $0.229 resistance level within the last 24 hours. The altcoin now appears to be regaining some lost ground from its late October decline.

For Pi Coin to fully recover from its 15% drop, the price must break through the $0.246 resistance and rally toward $0.260. Achieving this would reinforce the bullish outlook and restore market confidence among cautious investors.

However, if the bullish momentum weakens, Pi Coin could slip below $0.229 again and test the $0.217 support level. A breakdown beneath this support would invalidate the bullish thesis and expose the cryptocurrency to further downside risks.