Pi Coin is currently trading around $0.4412, indicating a key decision point for its pricing.
Current Pi Coin Price Trend
The trend over the past months has been bearish. Pi Coin is under pressure with lower highs and lower lows, which is typical in a bearish trend.
Resistance Structure and Support
The price chart indicates that Pi Coin is trying to break through the resistance level between $0.50 and $0.51, but sellers are reacting actively as prices approach these levels. Currently, there is support at the $0.42 and $0.44 range, where buyers have shown interest.
Future Outlook for Pi Coin
At present, there are signs of a potential trend shift. If Pi Coin can close above $0.51, it may lead to movements towards $0.60 or even $0.70. Conversely, if the price falls below $0.42, it could retrace to the $0.30 support level.
There is uncertainty in the direction of Pi Coin's movement, but currently, signs indicate a possible bullish trend shift.