Pi Coin has been struggling since the end of November. After a peak at the end of the month, the price has decreased by about 28%, wiping out nearly all previous gains. In the past seven days alone, Pi Coin has fallen by about 8.6%, and over the past three months, the loss is now more than 40%.
Yet, the most recent chart data shows something new beneath the surface. The momentum pressure is beginning to change, raising the question of whether the correction might be almost pausing. Will this pause lead to a rebound or a complete turnaround? Let's find out!
Momentum pressure is decreasing, but buyers remain cautious
On the daily chart, Pi Coin formed a hidden bullish divergence between November 4 and December 11. During this period, the price made a higher low while the Relative Strength Index showed a lower low. The RSI measures momentum by tracking the speed of buying and selling. When the price remains at higher levels while momentum weakens, it often indicates that selling pressure is decreasing.
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This type of divergence usually appears at the end of sharp declines. By itself, it does not confirm a reversal, but it often comes before attempts to recover when sellers lose control.
But momentum alone is not enough. The Chaikin Money Flow, which measures whether large buyers or sellers dominate the volume, still gives a cautious signal. The CMF is still close to the descending trendline (which connects the lower lows) and is also trading below the zero line. This shows that the big money is not yet behind Pi Coin.
Simply put, selling pressure seems weaker, but large buyers are not fully stepping in yet. As a result, a recovery remains fragile. Until the money flow improves, any rally is likely to encounter resistance. And if the CMF drops below the trendline, the rebound setup for the Pi Network coin may no longer be valid.
Pi Coin price levels that determine what follows
The PI price chart is now at a turning point. For a recovery, Pi Coin must reclaim the $0.222 zone. A clear rise above this level indicates a gain of about 7% and shows that buyers are willing to defend higher prices again. If that happens, the price could climb towards $0.244 and possibly $0.253, provided the overall market remains stable.
Only a price above $0.284 (the high of late November) can indicate an attempt at a reversal. That point still seems far off.
There is support just below the current level. The zone around $0.203 is important. A daily close below $0.203 significantly reduces the chance of recovery and allows for more declines. If that level breaks, Pi Coin could revisit lower regions and the correction could extend further.
The chance of recovery only strengthens if the price moves up AND the CMF rises towards zero. Without that confirmation, the risk is high that a rally will quickly stall.