Pi Coin is still feeling the pressure after weeks of lower highs and repeated rejections from a strong descending trendline. Currently, Pi Coin's price is around $0.49.
Current Price and Dynamics
As of writing, the price of Pi Coin is $0.4940, which is 3.02% down over the past 24 hours. Trading volume has increased by 22%, but sentiment indicators remain bearish. If buyers cannot push the price back above the $0.54-$0.60 range soon, Pi Coin may continue to decline.
Technical Indicators
As of July 1, indicators show a clear bearish trend. The RSI at 35.32 indicates weak buying pressure. The MACD signals a bearish crossover, and the CCI is close to oversold levels, confirming downward pressure on the market.
Pi Coin Price Predictions
A bullish scenario is possible if the price breaks above $0.54, potentially triggering a rally toward $0.60. The neutral scenario suggests sideways trading between $0.48 and $0.52. On the bearish side, a sustained move below $0.48 could accelerate losses toward $0.43, with $0.355 becoming the next significant support area.
Pi Coin remains under clear bearish pressure. Current technical indicators show no reversal signs, and market participants are closely watching the support level at $0.48.
