Pi Network Price Trades Near Critical $0.20 Support Zone
Pi Network (PI) is still under a lot of selling pressure since its price is having a hard time staying over $0.20. This might mean that it will drop much more and hit a new all-time low around $0.15. Since early October, the coin has been in a long-term slump. Its current slide sped up since the whole crypto market is weak again because of increasing trade tensions.
Pi Network lost 12% of its value in a single day on October 10. It fell below the important support level of $0.25, which has subsequently become a strong resistance level. The token is currently building a short-term base around $0.20, and traders are keeping a careful eye on it to see if it stabilizes or drops sharply again.
Pi Network RSI Remains Low as Selling Dominates Exchange Activity
From a technical point of view, Pi Network’s daily Relative Strength Index (RSI) is still very low, which means the asset is in a long-term corrective phase. Volume Delta data shows that selling is still the most common activity on exchanges, and there is no sign of traders or whales accumulating.
Analysts do say, though, that these kinds of situations can often come before a short-term relief rally, especially if purchasing volume picks up near oversold level. If the $0.20 support level holds, there might be a technical rebound toward the $0.25–$0.30 region in the next few sessions. This would provide short-term traders a chance to make recovery trades.
Key Resistance Levels Limit Immediate Potential for Growth
To prove that Pi Network’s bullish turnaround is real, the token has to get back over the $0.25–$0.27 resistance level and keep going after the $0.30 zone. Analysts say that sellers may continue to dominate the market and drive the token closer to its historical low of about $0.15 if there isn’t a clear breakthrough.
TradingView’s price structure research indicates a consistent trend of lower highs and lower lows, which supports the negative market tendency. Traders are looking for possible trend reversal indications in volume dynamics and on-chain data.
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Pi Faces Market Strain as Exchange Liquidity and Buyer Interest Fade
As liquidity dries up on decentralized exchanges, people are still not sure how they feel about Pi Network. Since early October, the number of daily trades has dropped significantly since there are fewer active buyers in the market.
This decrease in liquidity makes volatility worse and sometimes causes bigger price swings, which makes it difficult for the coin to have steady support levels. Even while the market is still poor, some investors are hopeful that Pi’s strong community presence might help it bounce back when the economy gets better.
Pi Network Core Team Pushes Forward With Ecosystem Development
The Pi Core Team is still working on building up its ecosystem, even though the price of the PI token is going down. The team formally released Pi DEX on the Testnet on October 2. It has automated market maker (AMM) liquidity pools, tools for creating tokens, and a full set of DeFi features.
The creators said that the Testnet phase is aimed to “teach Pioneers, improve projects safely, and get ready for Mainnet DeFi with real Pi.” This planned deployment shows that Pi Network’s main goal is to create a decentralized economy that can run on its own before letting everyone use the complete mainnet.
Pi Network Faces Critical Test at $0.20 Support Amid Oversold Conditions
The $0.20 pricing zone is still the most important technological area for Pi Network in the immediate run. If bulls can hold this level, the token can briefly rise toward the $0.25–$0.30 barrier region. On the other hand, if the line isn’t held, the price might drop below $0.15, which would be a new all-time low for the cryptocurrency.
The chance of a minor corrective bounce is moderate even if the daily RSI is oversold. But the lack of persistent volume and institutional participation still makes it hard to believe that any rebound will be strong.
Long-Term Investors Await Signs of Mainnet Progress
People who have held Pi Network for a long time are still focused on the milestones for Mainnet activation, which are supposed to show how useful and valuable the token is in the real world. Many experts think that on-chain deployment, DeFi integration, and listings on outside exchanges will be important factors in deciding if Pi can win back investors’ trust.
Until these things happen, the token’s performance will probably stay within a certain range and be affected by market trends and ecosystem changes.
Pi Network Faces Crucial Moment in Price Action
Pi Network is hovering around its $0.20 support level. In the next few days, we’ll find out if the token bounces back or breaks down to new lows. The network’s increasing development plan and Testnet activity may bring long-term optimism, but the immediate view remains gloomy absent robust buying momentum.
Pi Network is at a turning point that might affect its price path going into late 2025. Investors should pay attention to changes in volume, RSI indications, and ecosystem announcements to get a better sense of where things are going.
