Pi Coin Price Could Rebound by 13% as 3 Bullish Signals Emerge

Pi Coin price has been trapped in a steady downtrend for weeks, making lower lows almost every few days. Even in the last 24 hours, it slipped another 3.3%, keeping traders cautious as it hovered near $0.22.

But this familiar slide might soon be challenged. Several technical and on-chain indicators now suggest that PI could finally attempt a short-term recovery — one that could lift the price by at least 13%. And for Pi, that “13” might just be the turning point that changes its short-term luck.

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Selling Pressure Weakens as Divergences Align

The first signs of change come from the Money Flow Index (MFI) and Wyckoff Volume, both of which measure buying and selling pressure in different ways.

The MFI, which combines price and volume to gauge capital flow strength, has formed a bullish divergence between September 30 and October 9. While Pi Coin’s price made a lower low, the MFI made a higher low — a classic signal that selling pressure is weakening even as prices dip.

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Pi Coin Sellers Might Be Slowing Down
Pi Coin Sellers Might Be Slowing Down: TradingView

The Wyckoff Volume Chart, which categorizes buyer and seller dominance by color, adds context. In this system, red bars show heavy selling, yellow signals sellers gaining control, blue reflects buyers slowly gaining strength, and green shows buyers in full control.

Seller-Specific Bars Shrinking
Seller-Specific Bars Shrinking: TradingView

Currently, PI’s chart shows yellow bars shrinking, meaning seller strength is fading. The last time this pattern appeared in early September, blue bars surfaced soon after — and PI climbed about 10%.

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This combination of fading sell pressure on both indicators hints that momentum could be shifting toward buyers, though confirmation still depends on price action.

Chart Indicators Align With the Pi Coin Price Rebound Setup

The Relative Strength Index (RSI) — a momentum gauge that measures whether assets are overbought or oversold — is also showing a hidden bullish divergence. This pattern forms when the price makes a higher low while the RSI makes a lower low. And that suggests that underlying momentum is beginning to rebuild even though broader sentiment remains weak.

In short, selling pressure is still present but losing conviction, with each dip attracting slightly stronger buying interest. That subtle shift can often lay the groundwork for a short-term rebound rather than a continuation of the decline.

If the price holds above $0.22 (key level), the Pi Coin price could rally toward $0.25. That would complete the 13% recovery projected by these divergences or bullish sightings. A daily close above that mark would also mean a full reclaim of its immediate resistance zone.

That would reinforce the short-term structure and move the price further away from its recent all-time lows. Even $0.28 could be possible then, if the right trigger surfaces.

Pi Coin Price Analysis
Pi Coin Price Analysis: TradingView

However, if the Pi Coin price breaks below $0.22 with a daily candle close, that would likely invalidate the rebound setup. That would again put sellers in charge and might drag PI to even $0.18 or lower.

For now, Pi Coin’s 13% rebound isn’t about chasing a rally. It’s about whether the market can finally pause its relentless descent. If buyers can turn this short window into support, 13 might not be such an unlucky number after all.

Source: https://beincrypto.com/pi-coin-price-bullish-signals-rebound-setup/