Key Insights
- Pi Coin price bounced 4%, helped by net crypto exchange outflows of about 2 million coins.
- Large holders continue selling, keeping money flow negative despite the price rise.
- Failure to hold $0.20 could send Pi Coin price down 11% toward the $0.18 level.
Pi Coin price has moved higher after days of steady selling. Over the past 24 hours, Pi Coin is up close to 4%.
This is one of the few green moves seen after a long slide. Buyers have started to step in, but the move is still not worth much.
At the same time, the bigger picture has not changed much. Several metrics show that selling pressure is still present under the surface. The bounce looks more like a pause than a clear reversal so far.
Exchange Data Shows Buying, but Selling Is Still Larger
Exchange flow data gives the first clue. Over the past 24 hours, Pi Coin saw about 2.40 million PI move into exchanges.
During the same period, around 4.43 million PI moved out. This creates a net outflow of roughly 2.03 million PI.
A net outflow usually means buying, since coins are leaving exchanges instead of being sent there to sell.
This confirms that buyers are active again. It also explains why the price managed to bounce from recent lows.
It is worth mentioning that this is one of those rare outflow instances in Pi Coin price recent history.
Total outflows are high, but inflows are also rising, mostly from large wallets. This shows mixed behavior. Some traders are buying the dip, while others are still using the bounce to sell.
Because of this balance, the price has not moved sharply higher. This type of flow often appears near short price rises inside a larger down move.
It helps price stop falling for a while, but it does not always start a strong move on the upside.
Big Money Flow Stays Weak
When we look at larger players, the picture turns weaker. The Chaikin Money Flow or CMF, which tracks whether large money is entering or leaving, remains below the zero line.
This tells us that bigger wallets are still sending more Pi coin out than bringing in.
Even during the bounce, this indicator has continued to move lower. This means the recent Pi coin price rise is not supported by strong, large buyers.
Instead, smaller traders seem to be more active right now. This is alarming, as smaller traders are more vulnerable to getting stuck while looking to buy the market lows.
Momentum also sends a warning. The RSI, or Relative Strength Index, shows a hidden bearish signal. In simple terms, the Pi Coin price corrected, but the momentum improved.
This often happens when a downtrend is still active. This means buyer momentum was insufficient when it comes to pushing the prices higher.
Together, weak money flow and weak momentum suggest the bounce may not last long if buying slows down.
Key Pi Coin Price Levels To Watch
Right now, $0.20 is the most important level. Pi Coin has moved slightly above it, but it has not created a strong base yet.
If price falls back below $0.20 and fails to recover quickly, the next clear support sits near $0.18. A move from current levels to $0.18 would mean a drop of about 11%.
There is not much support between these two levels, which increases downside risk. On the upside, Pi coin price needs to move above $0.23 and stay there.
This level has stopped several bounce attempts since early December. Until the price can hold above it, sellers remain in control of the broader trend.
Pi coin price 4% bounce shows buyers are active again. Exchange data confirms that coins are moving out of exchanges, which supports the idea of dip buying. But larger selling pressure has not gone away.
Big money flow remains negative, momentum stays weak, and price is still close to key support.
If $0.20 fails, an 11% drop toward $0.18 becomes likely. Until the Pi Coin price clears $0.23 with strong buying, the dip risk exists.