#BBP #PiNetworkMainnet l#MarketPullback #CryptoRally š Pi Coin Bears Are FadingāCould a Bullish Rebound Be Next? šš»
Pi Coin has had a rough week, sliding more than 10% and now sitting near $0.35āuncomfortably close to its all-time low. But while the broader downtrend still dominates, a few subtle signals hint that bulls might be preparing to step back in.
On the daily chart, the Money Flow Index (MFI) has quietly flashed a bullish divergence. Even as Pi formed a lower high, MFI pushed higherāoften a sign of accumulation beneath the surface. The last time this setup appeared (early August), Pi bounced nearly 30% in days.
Meanwhile, the Bull-Bear Power (BBP) indicator on the 4-hour chart shows bearish momentum slowing. Sellers remain in control, but theyāre losing steamāopening the door for a potential short-term rebound if bulls can seize the moment.
Key levels to watch:
⢠$0.38 ā first resistance
⢠$0.41 ā breakout confirmatio
⢠$0.46 ā August rebound top
If support at $0.32 fails, new lows are likely. But for now, Pi bulls may have a rare window to strike