Pi Network Price Prediction: Buyers Hold $0.2 as Market Awaits Directional Break

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Source: CoinEdition Original Title: Pi Network Price Prediction: Buyers Hold $0.2 as Market Awaits Directional Break Original Link: https://coinedition.com/pi-network-price-prediction-buyers-hold-0-2-as-market-awaits-directional-break/

Pi Price Holds Above $0.195–$0.20 as Market Awaits Direction

  • Pi price holds above $0.195–$0.20 as a descending wedge compresses into a decision point.
  • Daily trend remains bearish, with Supertrend and SAR still capping upside near $0.22–$0.23.
  • DEX and AMM upgrades improve utility, but price awaits technical confirmation for direction.

Pi price today trades near $0.204, holding just above a critical short-term support zone as price compresses into the apex of a descending wedge. The structure reflects a market at decision point. Sellers continue to control the broader trend, but downside momentum has slowed as buyers repeatedly defend the $0.195 to $0.200 area.

Descending Structure Keeps Pressure On Buyers

On the daily chart, Pi remains trapped within a falling structure that has defined price action since early summer. Each rally attempt has failed below the descending trendline, with lower highs forming consistently. That trendline now intersects near the $0.22 to $0.23 zone, turning it into the primary resistance barrier.

Despite the bearish structure, downside follow-through has weakened. Price continues to hold above the rising lower boundary of the wedge, which currently aligns with the $0.195 area. This rising support suggests sellers are losing urgency, even though control has not fully shifted.

The Supertrend remains red on the daily timeframe, confirming that trend bias stays negative. Parabolic SAR dots also remain above price, reinforcing the idea that rallies remain corrective unless proven otherwise.

Short-Term Charts Show Stabilization Attempts

Zooming into the 1-hour chart, Pi trades inside a short-term descending channel that has guided price lower over the past several sessions. Price recently tested the lower channel boundary near $0.198 and bounced modestly, indicating short-term demand is active.

Momentum indicators support the stabilization narrative. RSI on the 1-hour chart sits near the 50 mark, signaling balance rather than exhaustion. That reading suggests neither buyers nor sellers currently dominate short-term momentum.

MACD has flattened near the zero line, with histogram bars shrinking. This confirms compression rather than trend acceleration. When MACD contracts at support, it often precedes a directional expansion once price escapes its range.

DEX Updates Add Utility Narrative But Not Momentum Yet

Fundamentally, Pi Network continues to build utility rather than speculation. Recent updates to the Pi DEX and AMM liquidity pools focused on usability, Pi-denominated trading pairs, and liquidity-based token rankings. These changes aim to improve price discovery, reduce slippage, and align liquidity with real usage.

The holiday commerce initiative adds another layer of ecosystem engagement, encouraging Pi-based transactions across merchants and apps. While these developments strengthen the long-term narrative, they have not yet translated into sustained buying pressure on open markets.

From a price perspective, this means fundamentals are supportive but not catalytic. Traders remain focused on structure and liquidity rather than headlines.

Outlook: Will Pi Go Up?

Pi sits at a decision point where structure matters more than narrative.

  • Bullish case: A clean breakout above $0.23 with follow-through volume signals a trend shift and opens a move toward $0.26 to $0.30.
  • Bearish case: A daily close below $0.195 confirms breakdown and exposes $0.175, with risk extending to $0.150.
PI0.99%
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