PI COIN PRICE FORECAST: First Bounce Possible, But Technical Signals Warn of Deeper Breakdown

Pi Coin (PI) is exhibiting conflicting technical signals, with a short-term bullish setup suggesting a brief rebound while deeper indicators point to the continuation of its broader downtrend. Analysts suggest a quick bounce is imminent, but caution that it is unlikely to last without support from institutional money.

I. The Key Technical Pattern Signaling a Short-Term Bounce

The immediate forecast for Pi Coin is driven by a short-term moving average crossover: Golden Crossover Looms: The 12-hour chart is close to forming a bullish crossover (often referred to as a “Golden” crossover), which occurs when the 20-period Exponential Moving Average (EMA) crosses above the 50-period EMA. This signals a temporary shift in short-term momentum.Expected Bounce Target: If this crossover completes, the Pi Coin price could rebound, with an initial 8.6% upside target at $0.26. The move could extend into the $0.26–$0.29 range, also reclaiming the 100-period EMA.

II. Critical Indicators Warning of a Subsequent Breakdown

The potential rebound is fragile and is undermined by two significant bearish warnings: Weak Big-Money Flow: The Chaikin Money Flow (CMF) indicator has been trending down and has fallen below zero. This signals that large wallets and institutions are not backing the rally, meaning big sellers are currently stronger than big buyers. This lack of whale interest severely limits the upside potential.Hidden Bearish Divergence: The daily chart shows a hidden bearish divergence between the price and the Relative Strength Index (RSI). This is a technical signal that the broader downtrend may continue and that sellers will likely regain control once the short-term bounce has faded.

III. Conclusion: First Bounce, Then Breakdown

The most probable path for Pi Coin is a short-lived rally followed by a breakdown, driven by the lack of follow-through from larger market participants: The Path Forward: Pi Coin is expected to stage a brief rebound toward $0.26 (or up to $0.29) as the short-term momentum crossover completes.The Breakdown Target: However, because the CMF remains weak and the hidden bearish divergence warns the main trend is still down, the rally is expected to fade near resistance. If Pi Coin loses the key $0.24 support level, the price could drop toward $0.22 or $0.18, with a worst-case breakdown target reaching $0.15.

Disclaimer

This article is for informational purposes only and is based on third-party analyst commentary and technical analysis. The views expressed do not constitute financial, investment, or trading advice. The cryptocurrency market is highly volatile and speculative. Readers must conduct their own thorough research and consult with a qualified financial advisor before making any investment decisions.