Pi Network Price Prediction: Entering a critical bearish phase, falling below $0.19 could lead to a collapse.

Pi Network price has entered a critical bearish phase, with buyers retreating leading to a loss of structural support. Weak Trading Volume and reduced demand have increased the risk of a further pullback to the $0.19 support area. The low end of the current value area is the last line of defense against a larger fall; if the daily chart Closing Price falls below this level, it may further dip to $0.19. The overall market structure has turned bearish, and the Momentum Index indicates weakened buying power.

Price fails to hold the $0.28 resistance, buyer confidence collapses

(Source: Trading View)

Since the Pi Network stock price failed to hold above the previous resistance level of $0.28 during the rebound, its upward momentum has continued to weaken. This resistance further confirms that the stock price has dipped back to near the low end of the value area, erasing the previously brief bullish structure. This price action is a typical bearish signal in Pi Network price forecasts, indicating that the bulls have lost control and the bears are starting to dominate the market.

0.28 USD was originally the breakout point expected by the market. If it can effectively hold this position, Pi Network may start a new round of rising cycle. However, the price faced strong selling pressure when approaching this level and could not maintain above the resistance level. This type of failed breakout often triggers a chain reaction. First, investors who bought at a high will stop loss and exit. Next, sellers who were originally on the sidelines will perceive the upward momentum as weak and join the selling ranks. Finally, technical analysis traders will view this as a bearish signal and short the market.

From the four-hour chart, the price of Pi Network formed a clear upper shadow after reaching $0.28, which is a typical selling pressure signal. The length of the upper shadow indicates that there are a large number of sell orders waiting to exit at this price level, while the buying power is insufficient to absorb this selling pressure. The subsequent candlesticks continued to decline without a strong rebound, further confirming the collapse of buyer confidence.

Currently, the low point of the value area remains the last line of support preventing a larger fall. If the daily chart Closing Price breaks below this level, it may further dip to $0.19, where a significant amount of liquidity accumulated from previous trading days. The $0.19 area also aligns with previous market trends, making it an ideal area for short-term buyers to re-enter.

Trading Volume contraction reveals insufficient buyer participation

The overall market structure has turned bearish. The Momentum Index indicates a weakening of buying power, and the lack of Trading Volume further highlights insufficient buyer participation. As Trading Volume continues to shrink, sellers are maintaining control over short-term price trends, posing a risk of further decline for Pi Network. Volume analysis is one of the most important confirmation indicators in Pi Network price prediction.

A healthy upward trend should be accompanied by an increase in Trading Volume, indicating genuine buying demand supporting the price increase. Conversely, when the price falls, Trading Volume increases, and when the price rebounds, Trading Volume shrinks; this divergence is a typical bearish signal. The Pi Network is currently in this unhealthy state: each time the price attempts to rebound, the Trading Volume is clearly insufficient, showing that buyers are unwilling to chase higher at the current price level.

The contraction of Trading Volume has another layer of meaning – liquidity exhaustion. When the market lacks liquidity, even relatively small sell orders can cause a significant price fall. This situation is particularly common in small-cap tokens. Although Pi Network has a large user base, its actual trading activity and liquidity depth are still limited. In a market with insufficient liquidity, prices are more susceptible to gap down or flash crash phenomena.

According to on-chain data, the number of active addresses and transaction counts for Pi Network have also shown a downward trend in recent weeks. This decline in on-chain activity corroborates with the price trends and shrinking trading volume, forming a triple bearish confirmation. When the price, trading volume, and on-chain activity all weaken simultaneously, it usually indicates that a deeper adjustment is imminent.

Pi Network Bearish Signal Summary

Price Structure Destruction: Failed to hold the 0.28 USD resistance, fell back to the value area low.

Trading Volume Divergence: Volume decreases during rebounds, while volume increases relatively during declines.

Momentum Index Weakens: Death cross of moving averages, RSI below neutral level

On-chain activity declines: The number of active addresses and transaction counts continues to decrease.

0.19 USD becomes the last line of defense and hope for a rebound

$0.19 remains a key support level in the potential rebound zone. This price level holds multiple technical significances in the Pi Network price forecast. First, $0.19 is where a large amount of liquidity has accumulated from previous trading days, and these historical trading dense areas often provide support when the price pulls back. Second, from a Fibonacci retracement perspective, $0.19 is close to a key retracement level of the prior upward movement. Third, from a psychological price point of view, $0.19 is near the integer threshold of $0.20, which often attracts buying interest.

If the price decisively falls below the low of the value area, it may accelerate the dip to $0.19. The logic behind this accelerated decline lies in the triggering of stop-loss orders. Many traders set stop-loss orders below key support levels, and once the price breaks the support, these stop-loss orders are triggered and converted into sell orders, further pushing the price down. This chain reaction could cause a rapid fall in the short term until it reaches the next major support level of $0.19.

However, if the support area at 0.19 remains solid, the price still has the potential to experience a technical rebound or dip to the resistance area of 0.28. But this requires strong bullish capital inflow and the price to consistently close above the short-term moving average to confirm the trend change. Before this, the possibility of price decline remains the greatest.

The trigger conditions for a technical rebound include: Trading volume significantly increasing around $0.19, indicating new buying interest; RSI rebounding after entering the oversold zone (below 30); daily chart closing above the short-term moving average; and on-chain data showing that large wallets are starting to accumulate rather than distribute. Only when these conditions are met simultaneously can the price prediction for Pi Network shift from bearish to neutral or bullish.

On the contrary, if buyers intervene and increase trading volume, Pi Network may attempt a short-term rebound to $0.28 before a broader trend confirmation. The nature of this rebound requires careful judgment—whether it is a genuine trend reversal or a technical rebound (Dead Cat Bounce) within a downtrend. The key to differentiation lies in trading volume and sustainability: a true reversal will be accompanied by sustained increases in trading volume and consecutive days of rising prices, while a technical rebound is usually just a fleeting price recovery with insufficient trading volume.

Short-term Outlook and Trading Strategy

In the short term, the low points of the value area are key areas that need to be closely monitored to confirm whether the price will fall below that level or hold above it. For investors holding Pi Network, it is currently a challenging decision-making moment. If they choose to continue holding, they must accept the risk that the price may further dip to $0.19 or even lower. If they choose to cut losses and exit, they may miss potential rebound opportunities.

From a risk management perspective, conservative investors should consider reducing their positions or setting stop losses when the price dips below the low point of the value area, waiting for clear support signals to appear around $0.19 before re-entering the market. Aggressive investors may choose to gradually build their positions around $0.19, betting that the market will provide strong support at that level.

The longer-term outlook for Pi Network price prediction depends on the development of the project's fundamentals. The project recently invested in the AI startup OpenMind and launched a decentralized exchange testnet along with an upgraded KYC verification system. If these advancements can be successfully implemented and attract actual usage, they may provide fundamental support for the price. However, in the short term, the bearish pressure from the technical perspective remains the dominant factor.