Pi Network Price Struggles Below Key Resistance as Bearish Signals Dominate
- Antwan Koss
- July 6, 2025
- Analytics
- 0 Comments
Pi Network’s Price Keeps Sliding—What’s Next?
Pi Network’s price isn’t catching a break. After hitting a wall at the descending trendline—again—it’s now hovering around $0.459. That’s not far from what some traders see as a key demand zone, but so far, there’s no real sign of a turnaround. The charts still look shaky, and buyers haven’t stepped in with enough force to shift momentum.
For weeks, the pattern has been the same: small rallies, followed by quick rejections. Every time the price tries to push higher, sellers swoop in. The $0.50–$0.55 zone has been a particular sticking point—it’s where the selling pressure seems to pile up, and so far, nothing’s broken through.
Why the Drop Isn’t Letting Up
If you look at the 4-hour chart, it’s clear why traders aren’t optimistic. The moving averages are all stacked against the price, acting like a ceiling. The 20 EMA, sitting at $0.488, has been especially stubborn, knocking back any attempts to climb higher.
Then there’s the Bollinger Bands—they’re tightening, which usually means a bigger move is coming. But right now, the price is glued to the lower band, and that’s rarely a good sign. The candles are small, wick-heavy, and just not showing the kind of energy bulls would want to see.
Even the RSI, while not in oversold territory yet, is leaning bearish at 39.9. The MACD isn’t helping either—it’s losing steam, and the lines might be on the verge of a bearish crossover. Add in the Ichimoku Cloud, which is firmly red, and it’s hard to find much hope in the indicators.
Where Things Could Go From Here
The immediate danger is a drop below $0.456. If that happens, the next stop could be $0.44, or even lower—maybe $0.407, where there’s some historical support. Traders are eyeing that zone, but if it doesn’t hold, things could get uglier.
On the flip side, if Pi somehow bounces and holds above $0.470, there’s a slim chance it could test $0.488. But given how weak the buying has been, that feels like a long shot. The volume just isn’t there to suggest a real reversal.
For now, the smart money seems to be on more downside. Unless something changes—fast—the path of least resistance is still down.
