PI Technical Outlook: Pi Network Attempts Stabilization as Bulls Defend Key Support

PI is currently attempting to stabilize after a prolonged multi-month downtrend, with price holding above the crucial support zone at $0.155, the Fib 0 level. This zone has acted as a major demand area previously, and buyers are again showing signs of stepping in to prevent further declines.

The recent sell-off accelerated after multiple rejections from the $0.324–$0.350 resistance region, which aligns with the 0.236 and 0.382 Fibonacci levels — confirming a strong supply zone where sellers repeatedly regained control.

This downward pressure forced PI beneath all major EMAs —
20 EMA ($0.2379), 50 EMA ($0.2425), 100 EMA ($0.2864), and 200 EMA ($0.4464) — forming a clearly bearish market structure. All these EMAs now sit overhead as layered resistance, making any recovery attempt more challenging.

The bounce from $0.155 is constructive, but the trend remains under bearish dominance. The first key test for bulls is retaking $0.2418, the traditional pivot level and immediate horizontal resistance. A stronger signal of stabilization would come if PI breaks above $0.2760 (0.236 Fib) with a daily close.

For deeper recovery momentum to build, PI must reclaim $0.324 (R2) and then challenge $0.350 (0.382 Fib) — the region where the last major breakdown began.
A true trend reversal would only be confirmed if PI closes above $0.410 (0.5 Fib) and ultimately $0.471 (0.618 Fib), a historically significant level that previously triggered directional shifts.

On the downside, failure to hold above $0.155 would expose PI to new cycle lows, though the chart continues to show strong demand near this zone. This increases the likelihood of at least a short-term relief rally as long as the support holds.

RSI at 54.56 is recovering steadily from lower levels, showing improving momentum but still lacking strong bullish conviction.

📊 Key Levels

Resistance

$0.2418 (Pivot)

$0.2760 (0.236 Fib)

$0.3240 (R2)

$0.3500 (0.382 Fib)

$0.4107 (0.5 Fib)

$0.4710 (0.618 Fib)

Support

$0.1555 (major Fib 0 support)

$0.200–$0.215 (local demand zone and retest area)

RSI

54.56 — improving momentum but not yet strongly bullish

📌 Summary

PI is attempting to build a short-term bottom around the key $0.155 support after a prolonged decline. A relief bounce is likely while the support holds, but the broader trend remains bearish unless buyers reclaim the $0.276–$0.350 region with conviction. A breakdown below the major support could open the door to fresh lows.

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