Pi Coin Price Rise May Slow Down As Investors’ Bullishness Saturates

Core Insights - Pi Coin has experienced a recent upward momentum but is now facing a 5% pullback, indicating potential short-term resistance and saturation in buying activity [1] - The Chaikin Money Flow (CMF) has begun to decline after reaching 0.15, suggesting weakening capital inflows, with historical patterns indicating that movements above this level often lead to price reversals [2][3] - Despite the bearish sentiment, the Relative Strength Index (RSI) remains above the neutral line, indicating underlying resilience and sustained buying interest [6] Price Analysis - Pi Coin is currently trading at $0.241, just below the $0.246 resistance level, with a recent 5% drop reflecting short-term bearish pressure [8] - If buying strength continues to fade, Pi Coin may slip below the $0.234 support level or remain range-bound between $0.234 and $0.246 [8][9] - A rise in capital inflows could enable Pi Coin to break above the $0.246 resistance, potentially pushing the price to $0.250 and $0.260, which would restore short-term bullish momentum [10]