Pi Coin Inflows Jump, But Price Stays Below $0.35

Pi Coin continues to trade sideways, stuck in a narrow range that has kept the token subdued since the start of the month. 

Despite this stagnant price movement, Pi holders appear to be adopting a cautious “nowhere to go but up” strategy.

Pi Coin Holders Are Turning Bullish

Investor inflows into Pi Coin are showing signs of recovery. Over the past 48 hours, the indicator has registered a sharp uptick, hinting at renewed capital interest. However, it remains below the zero line, signaling that conviction is not yet fully established.

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If the indicator manages to cross into positive territory, it would confirm a stronger shift in investor stance. This move would signal genuine inflows into Pi Coin and potentially help the cryptocurrency escape its prolonged sideways trading pattern.

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Broader sentiment surrounding Pi Coin is gradually improving. An important investor sentiment indicator is inching closer to the neutral mark, reflecting fading bearish pressure. While some caution remains, confidence is returning to the market.

A continuation of this positive trajectory could help support Pi Coin’s price in the near term. If optimism strengthens further, the asset could finally build enough momentum to break free from its persistent consolidation zone.

PI Price Might Be Looking At Recovery

At the time of writing, Pi Coin is priced at $0.345, stuck just below the $0.351 resistance level. Attempts to break past this barrier over the last ten days have failed, highlighting the lack of sufficient buying power.

The cryptocurrency continues to hold steady near its $0.343 support level. Should investor inflows strengthen, Pi Coin could breach $0.351, flip it into support, and climb toward $0.360 in the short term.

However, weak market conditions pose a significant risk. If sentiment fails to improve, Pi Coin could slip toward $0.334 support. Such a drop would bring the token dangerously close to its all-time low of $0.322, invalidating the bullish outlook.