Pi Coin Price Ending 2-Week Consolidation Requires This From Investors
BeInCrypto
Pi Coin's price is consolidating, requiring stronger investor inflows and accumulation to break resistance at $0.209.Summary
Pi Coin's price has been consolidating sideways for nearly two weeks, currently hovering around $0.207, indicating trader indecision. Analysis shows that while Chaikin Money Flow (CMF) suggests slowly increasing inflows, they are currently insufficient to fuel a breakout. For a bullish reversal, Pi Coin needs consistent accumulation and renewed participation from large holders. The Squeeze Momentum Indicator suggests bearish pressure is fading and a volatility expansion is approaching. To confirm a rally, the price must break the $0.209 resistance level, targeting $0.229; failure to gain momentum could lead to a drop below the critical $0.198 support toward $0.180.
(Source：BeInCrypto)