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Pi Coin Price Rise May Slow Down As Investors’ Bullishness Saturates

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Pi Coin’s recent upward momentum has started to cool, with the altcoin facing a 5% pullback in the past 24 hours. The rise in price earlier this week has now met short-term resistance as inflows show signs of saturation. 

This shift suggests that the strong buying activity supporting the rally may slow in the near term.

Pi Coin Faces Slight Bearishness

The Chaikin Money Flow is slipping after touching the 0.15 level, signaling weakening capital inflows.

CMF tracks money entering and exiting an asset, and while 0.20 is typically viewed as a saturation point, Pi Coin’s threshold appears lower. Historically, a move above 0.15 has often led to both price reversals and netflow declines.

This pattern may repeat, as Pi Coin has struggled to maintain inflows once CMF breaks above this zone.

A renewed drop in capital could pull the price lower in the coming sessions, creating short-term bearish pressure. 

Want more token insights like this? Sign upa for Editor Harsh Notariya’s Daily Crypto Newsletter here.

Pi Coin CMFPi Coin CMF. Source: TradingView

Despite the slip in sentiment, macro indicators still show pockets of strength. The Relative Strength Index remains in bullish territory above the neutral line.

This means Pi Coin is managing to sustain buying interest even as broader market sentiment trends bearish. Strong RSI readings often imply underlying resilience.

One contributing factor is Pi Coin’s negative correlation with Bitcoin.

As BTC weakens, Pi Coin has avoided following the typical market trend, allowing it to maintain upward movement independently. This divergence continues to support the asset, even with inflows softening.

Pi Coin RSIPi Coin RSI. Source: TradingView

PI Price Is Finding Its Footing

Pi Coin is trading at $0.241, sitting just below the $0.246 resistance level. The altcoin’s 5% drop yesterday reflects short-term bearish pressure. This has eased but not disappeared entirely. Price action suggests a cautious environment as traders wait for stronger signals.

If buying strength continues to fade, Pi Coin could slip below the $0.234 support or remain range-bound between $0.234 and $0.246.

Consolidation appears likely unless inflows strengthen again, which historically has taken time once CMF retreats.

Pi Coin Price Analysis. Pi Coin Price Analysis. Source: TradingView

However, if capital inflows rise again, Pi Coin may break above the $0.246 resistance.

A successful move could lift the price to $0.250 and potentially to $0.260. This would invalidate the bearish outlook and restore short-term bullish momentum.

1h ago
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