After weeks of stagnation, Pi Coin (PI/USDT) saw a slight 2% bounce in the last 24 hours, bringing its trading price to approximately $0.637. While that movement may look minor, traders paying attention to the broader structure of the chart are starting to question whether this is a sign of recovery, or the last gasp before a deeper correction.
Pi Network Chart Analysis: Bearish Divergence Signals Momentum Weakness
- Current price: $0.637–$0.639
- Immediate resistance: $0.647–$0.650
- Short-term support: $0.633–$0.635
- Secondary support: $0.605
Why Is Pi Coin Not Moving Despite Its Massive User Base?
Pi Network boasts over 50 million users and a global mining community. But here’s the uncomfortable truth: the token is not live on a fully functioning mainnet. What’s trading on platforms like OKX isn’t the final, transferable version of Pi. It’s an IOU, a proxy for what may exist later when the network fully launches.
This disconnect between perception and reality keeps the coin stuck. There’s no real utility yet.
Is Pi Network a Good Investment in 2025?
This is where optimism starts to fray. Pi’s most loyal supporters are beginning to ask a harder question: Is this project really building something solid, or just spinning a well-crafted narrative? Without transparency, on-chain data, or real-world utility, Pi doesn’t offer much to stand on beyond hope and community momentum.
And in crypto, that kind of hype doesn’t hold up forever.