Pi Coin Price Nears Key Turning Point — What’s Next?

Pi Coin (PI) price has gained nearly 3% this week, offering a small relief after a 44% drop over three months. The rebound looks fragile, though.

The chart shows pressure building between buyers returning quietly and sellers waiting for momentum to fade — leaving Pi’s next move hanging by a thread.

Sponsored

Sponsored

Buyers and Sellers Pull in Opposite Directions

On the daily Pi Coin price chart, momentum and volume tell different stories.

The Moving Average Convergence Divergence (MACD) — a tool that tracks when trend strength changes — is flattening after weeks of staying above its signal line. The last two times this line dropped below, on August 25 and September 21, PI fell 9% and 49%. A similar bearish crossover now could spark another leg down if sellers stay dominant.

Pi Coin Eyes A Bearish Crossover
Pi Coin Eyes A Bearish Crossover: TradingView

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

But the On-Balance Volume (OBV), which measures whether trading volume supports price moves, is trying to turn the tide. OBV has been stuck under a descending trendline since early October, showing weak buying strength. Still, each touch of that line led to short bounces — like the 8% rise on November 10.

Sellers Dominant Buy Buyers Are Trying To Come In
Sellers Dominant Buy Buyers Are Trying To Come In: TradingView

Sponsored

Sponsored

Pi Coin’s OBV is still negative but rising slightly, showing that buyers are testing the waters again. A breakout above its trendline could cancel the bearish MACD setup and signal early recovery strength. However, if the OBV line starts to drop, the MACD crossover (bearish) might take shape earlier than expected.

Triangle Pressure Builds as Smart Money Waits for a Pi Coin Price Break

That same push and pull between buyers and sellers now shows clearly on the 12-hour chart. The Pi Coin price trades inside a symmetrical triangle, where price compresses between rising and falling lines — a visual reflection of indecision.

A close above $0.23 could confirm an upward break, opening room toward $0.25 and even $0.27. If the lower line near $0.20 fails instead, the PI price might revisit $0.19 or even $0.15.

Meanwhile, the Smart Money Index (SMI) — which follows how early investors move — has curled upward after touching its signal line on November 11. It’s not a full reversal yet, but it suggests some big players are starting to expect a rebound.

Pi Coin Price Analysis
Pi Coin Price Analysis: TradingView

If SMI makes a higher high and OBV breaks its ceiling, PI could finally escape the triangle and rebuild momentum.

For now, Pi Coin’s rebound really does hang by a thread — and both sides are pulling hard to decide whether it snaps or stretches toward a breakout.

Source: https://beincrypto.com/pi-coin-price-rebound-breakout-breakdown-setup/