Pi Network (PI) Technical Setup: The Fibonacci Level Determining Next Move

Pi Coin currently trades at $0.21, down 0.39% over the past 24 hours, yet critical technical signals suggest potential for a rebound. The price sits near a pivotal junction where technical structure and fund flows converge—a setup that could define the cryptocurrency’s near-term direction.

The Fibonacci Retracement as a Battle Line

At $0.213, Pi Coin faces a resistance level that carries significant technical weight. This price point corresponds to the 23.6% Fibonacci retracement, a classical support-resistance boundary that typically commands attention in technical analysis. Breaking above this Fibonacci threshold would establish a psychological edge for bulls and potentially unlock further advances. The network shows scope to reach $0.224 if sustained buying pressure materializes. Conversely, a failure to defend this level could expose deeper vulnerability, with subsequent support zones at $0.199 and $0.188 becoming the focal point for extended declines.

Capital Flow Tells the Recovery Story

What makes the current setup noteworthy is the behavioral shift in capital allocation. The Chaikin Money Flow indicator has pivoted decisively above the zero line, confirming a transition from net outflows to inflows within the last 24-hour period. This reversal suggests accumulation is underway among Pi Coin holders. For a meaningful recovery to take root, such inflows must sustain—price appreciation without consistent capital demand typically proves fleeting and vulnerable to reversal.

Technical Momentum Alignment

The MACD has recently executed a bullish alignment, with the MACD line crossing above the signal line. This crossover terminates nearly three weeks of downward momentum pressure and hints at gathering upside strength. When coupled with improving capital flows, such technical formations often precede directional moves, though they remain conditional on continued buying interest.

Risk Framework

The bullish interpretation holds only if Pi Coin maintains its footing near current levels. Should selling pressure resurface and push the price decisively below $0.207, the narrative shifts toward resuming weakness. Loss of support at $0.199 would undermine the recovery case and reinforce downside risk exposure, challenging the technical structure that currently suggests improvement.