Is PI on the Brink? Pi Network Price Nears Crucial Support Zone

TL;DR

• Pi coin varieties a triangle sample with assist at $0.4450 and resistance holding close to $0.60.
• RSI and MACD recommend weak momentum, with no clear indicators of a pattern reversal but.
• Massive pockets obtained 1.56M PI from OKX, elevating questions on potential crew involvement.

Pi Coin Hovers Close to Essential Value Zone

Pi Community’s PI is buying and selling close to a key assist stage after a gradual week. At press time, its worth was at $0.47, having elevated by 0.94% throughout the previous day and 0.67% up to now week, which is considerably worrying in its personal proper, given the truth that most cryptocurrencies are effectively within the inexperienced. The buying and selling quantity is $96.5 million, indicating low exercise presently of the yr.

Chart knowledge reveals a symmetrical triangle sample, with the worth shifting towards the top of the formation. Assist has held round $0.4450 a number of instances, whereas resistance close to $0.60 stays untouched. The asset is nearing some extent the place there can be a much bigger transfer upwards or downwards.

The Relative Energy Index (RSI) is presently at 39.82, indicating a place within the decrease and regular vary. A breakthrough of 45 would point out some shopping for, and a fall of 30 would possibly point out the continuation of the weak point.

In the meantime, the MACD remains to be below the sign line, however the histogram has turned barely optimistic. This setup reveals a pause in promoting, although patrons haven’t but taken management. To this point, the market stays undecided.

Pockets Exercise Attracts Consideration

A pockets labeled “ODM” obtained 1.56 million PI tokens from OKX up to now 24 hours. The switch has raised questions concerning the supply, with some merchants suggesting the pockets might belong to the crew or be used for buybacks.

The pockets “ODM” is now accumulating $PI sooner than ever.
Within the final 24hrs the pockets has obtained 1.56 million $PI from OKX.
This pockets might be a buyback Pockets.
In all probability owned by the crew. #PiNetwork pic.twitter.com/TP6rvxfMQp

— MOON JEFF (@CRYPTOAD00) July 14, 2025

This exercise has come at a time when the worth is shifting sideways. If the pockets is linked to the venture, it might level to efforts to stabilize the worth or handle the circulating provide. No affirmation has been offered by the crew.

As reported by CryptoPotato, Pi has misplaced almost 70% of its worth over the previous two months. The decline is linked to ongoing token releases, which have made it simpler for early holders to promote.