Pi Coin Faces Downtrend Pressure Amid Weak Buyer Support
Pi Network (PI) is once again flirting with a decisive breakdown below the $1 level, trading at $0.94 at the time of writing. The latest price action shows mounting weakness, with technical indicators flashing bearish warnings across multiple timeframes.
The token, which briefly soared above $3 in early March, has since given up more than 65% of its gains, reflecting fading momentum and growing skepticism about its long-term tokenomics. Despite its vocal community, Pi remains unlisted on major exchanges, and current prices are based on speculative IOU contracts, adding further risk for retail buyers.
Technical Analysis: Breakdown Below $1 Could Trigger Panic
Even though Pi Coin’s trading structure is unusual, some public exchange data gives us enough to outline the current technical outlook:
- Current Price: $0.87 – trading decisively below the $1 psychological barrier
- Immediate Resistance: $1.10 – formerly strong support, now flipped
- Next Resistance Zone: $1.25 – a breakout above this would change short-term sentiment
- Key Support: $0.83 – if this fails, prices could drop toward $0.60 levels
- Momentum: RSI indicators suggest weak demand and continued bearish momentum
Is This the End for Pi Coin?
The current dip raises valid concerns, but calling it a total collapse might be premature. The future of Pi Coin hinges on a few key developments:
What Needs to Change
- Open Mainnet Launch: Until Pi holders can freely withdraw or trade, the price will remain artificially constrained.
- Major Exchange Listings: Binance, KuCoin, or even a mid-tier exchange would add crucial liquidity and legitimacy.
- Real-World Use Cases: Pi must evolve beyond speculative hype to survive long term.
Without these milestones, Pi risks fading into crypto obscurity—despite its large user base.
Final Thoughts: Collapse or Comeback?
Crashing below $1 is a big psychological blow for Pi holders, but it’s not necessarily the end—yet. Until the Pi Network team delivers on its promises, the coin will remain in a speculative grey zone.
For now, investors should stay cautious and avoid overcommitting unless key updates are officially rolled out.