Pi Coin Price Analysis: Why Are Traders Watching Its Record Lows?

At the moment, Pi Coin is losing momentum due to a lack of strong catalysts to maintain its position in the crypto market. Although the coin saw a 20% surge on Wednesday, peaking at $0.66 amid optimism over President Trump’s 90-day pause on the "trade war," the rally was short-lived. Soon after, a “sell-the-news” reaction kicked in, pulling Pi Coin’s price back below $0.60. As the market turned cautious, many traders chose to stay on the sidelines. This has put heavy pressure on Pi Coin, which was once seen as a promising asset during tough market conditions. Current Price Trend Over the past six weeks, Pi Coin has been moving within a clear downward channel. Multiple attempts to break out of this pattern have failed. While in theory, the price could climb to $1—a 70% increase—the technical indicators paint a bearish short-term picture. The Relative Strength Index, or RSI, has stayed below 40 for more than three weeks. This indicates that selling pressure is still dominant, and Pi Coin may continue to decline without new market support. Market Sentiment and Fundamentals The broader Pi ecosystem continues to struggle with mainstream adoption. The current price is largely speculative, lacking a clear use case to support long-term growth. Despite receiving 86% approval in a recent community vote and remaining listed on Binance, concerns remain about Pi Coin’s long-term viability. If the price keeps falling, the $0.40 support level could be threatened, with a potential drop to $0.35—about 40% lower than today’s price. Key Technical Highlights Downtrend Channel: Pi Coin has been stuck in a downward trend for six weeks. Breakout attempts have failed. RSI Indicator: An RSI below 40 signals a dominant bearish trend and weak buying momentum. Support and Resistance: If Pi can’t hold $0.60, the next key support is at $0.40. To reverse the trend, it must break $0.66 and push toward $1—unlikely without positive news. Why Is Pi Coin So Vulnerable? Right now, Pi Coin is in a fragile position. Without a strong catalyst—such as a major tech update or widespread community adoption—the price remains highly sensitive to negative sentiment. The recent price bump caused by tariff-related news was only temporary. As the effect faded, selling pressure returned quickly. Combined with the lack of real-world utility, Pi Coin is struggling to hold long-term value. Forecast and Conclusion Given the current trend, many traders are watching closely for the possibility of Pi Coin falling to a new record low of $0.35. Unless there is a major shift in market sentiment or a new bullish catalyst, the risk remains high. For investors, it may be wise to wait for clearer signals—such as an RSI rebound or a successful breakout from the downtrend. In the short term, Pi Coin remains a high-risk asset with a bearish outlook. #CryptoForBeginners #CryptoInvestingTips #LearnCrypto #BeginnerCryptoGuide #HowToInvestInCrypto