{"id":53380,"date":"2025-05-30T12:36:06","date_gmt":"2025-05-30T12:36:06","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bearish-trend-deepens-as-pi-network-slides-to-0-67\/"},"modified":"2025-05-30T12:36:06","modified_gmt":"2025-05-30T12:36:06","slug":"bearish-trend-deepens-as-pi-network-slides-to-0-67","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bearish-trend-deepens-as-pi-network-slides-to-0-67\/","title":{"rendered":"Bearish trend deepens as Pi Network slides to $0.67"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-2025-05-30T153907.739-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-2025-05-30T153907.739-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-2025-05-30T153907.739-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-2025-05-30T153907.739-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Local support lies at $0.61, with risk of slide to $0.57.<\/li>\n<li>Resistance at $0.71 must be reclaimed for recovery to start.<\/li>\n<li>Market sentiment for Pi Network remains cautious amid low volume.<\/li>\n<\/ul>\n<p data-start=\"133\" data-end=\"534\">Pi Network, a cryptocurrency once hailed for its unique mobile mining model, is seeing growing pressure from a wave of negative technical signals and investor caution.<\/p>\n<p data-start=\"133\" data-end=\"534\">Pi has lost a crucial support level and now trades at $0.67, down from $0.71 just a day ago.<\/p>\n<p data-start=\"133\" data-end=\"534\">This recent breach suggests mounting downward pressure in the coming sessions, with sentiment among holders appearing to wane.<\/p>\n<figure id=\"attachment_312390\" aria-describedby=\"caption-attachment-312390\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-312390\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/05\/Pi.jpg\" alt=\"Pi network\" width=\"1513\" height=\"511\"\/><figcaption id=\"caption-attachment-312390\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/coinmarketcap.com\/currencies\/pi\/\">CoinMarketCap<\/a><\/figcaption><\/figure>\n<p data-start=\"536\" data-end=\"848\">Pi\u2019s price trajectory has shifted sharply in recent days, and several key indicators now show persistent bearish momentum.<\/p>\n<p data-start=\"536\" data-end=\"848\">These signals come at a time when broader altcoin markets are experiencing lower liquidity and declining investor risk appetite, amplifying the impact on mid-tier tokens such as Pi Network.<\/p>\n<h2 data-start=\"850\" data-end=\"890\">CMF points to sustained sell pressure<\/h2>\n<p data-start=\"892\" data-end=\"1216\">One of the most notable signals reinforcing the current outlook is the Chaikin Money Flow (CMF), which has slipped just below the zero line.<\/p>\n<p data-start=\"892\" data-end=\"1216\">This movement indicates that the volume of sell orders is beginning to outpace buys.<\/p>\n<p data-start=\"892\" data-end=\"1216\">While still close to neutral territory, the shift in CMF hints at a reversal in market confidence.<\/p>\n<p data-start=\"1218\" data-end=\"1587\">This subtle but significant change reflects broader investor behaviour.<\/p>\n<p data-start=\"1218\" data-end=\"1587\">Market participants appear increasingly cautious, with many choosing to secure gains or minimise risk in anticipation of further price drops.<\/p>\n<p data-start=\"1218\" data-end=\"1587\">The dominance of outflows over inflows is often seen as a leading indicator of continued sell-offs, and in Pi\u2019s case, that risk is growing more pronounced.<\/p>\n<p data-start=\"1589\" data-end=\"1767\">The outflow trend may also suggest concerns around Pi Network\u2019s longer-term adoption, particularly as newer utility-focused tokens and large-cap coins dominate market narratives.<\/p>\n<h2 data-start=\"1769\" data-end=\"1811\">Squeeze indicator signals breakout risk<\/h2>\n<p data-start=\"1813\" data-end=\"2218\">Another notable technical signal is the squeeze momentum indicator, which shows Pi Network currently in a low-volatility \u201csqueeze\u201d.<\/p>\n<p data-start=\"1813\" data-end=\"2218\">This phase is marked by black dots on the chart, indicating compression in price movement, typically followed by a strong directional breakout.<\/p>\n<p data-start=\"1813\" data-end=\"2218\">In Pi\u2019s case, the building momentum is bearish, suggesting that once volatility returns, the coin may face a sharp downward move.<\/p>\n<p data-start=\"2220\" data-end=\"2554\">The current squeeze follows a string of lower highs and the failure to hold above previous support zones.<\/p>\n<p data-start=\"2220\" data-end=\"2554\">Blue dots on the indicator, which signal the release phase, have yet to appear, meaning the potential move is still building.<\/p>\n<p data-start=\"2220\" data-end=\"2554\">Traders and short-term holders will be watching closely for any indication that a release is underway.<\/p>\n<p data-start=\"2556\" data-end=\"2646\">If confirmed, the resulting sell-off could be swift, with Pi potentially testing new lows.<\/p>\n<h2 data-start=\"2648\" data-end=\"2696\">Local support at $0.61, downside risk remains<\/h2>\n<p data-start=\"2698\" data-end=\"3067\">With the price now at $0.67, immediate support sits at the $0.61 level.<\/p>\n<p data-start=\"2698\" data-end=\"3067\">This threshold could provide temporary stability, but a breakdown below it would likely open the door to further losses, possibly toward $0.57.<\/p>\n<p data-start=\"2698\" data-end=\"3067\">Such a drop would represent a near 15% decline from current levels and would deepen the token\u2019s downtrend, reducing confidence among existing holders.<\/p>\n<p data-start=\"3069\" data-end=\"3356\">On the upside, reclaiming $0.71 would be Pi Network\u2019s first step toward invalidating the bearish thesis.<\/p>\n<p data-start=\"3069\" data-end=\"3356\">A break above $0.78 would mark a higher high and potentially shift momentum, bringing bulls back into the market.<\/p>\n<p data-start=\"3069\" data-end=\"3356\">However, such a reversal remains uncertain given current indicators.<\/p>\n<p data-start=\"3358\" data-end=\"3564\">Pi Network\u2019s long-term potential will depend on both the utility it can deliver and broader market conditions.<\/p>\n<p data-start=\"3358\" data-end=\"3564\">For now, however, price action and volume flows suggest that caution will continue to dominate.<\/p>\n<div class=\"ad-banner  container  pt-1\" data-partner=\"bitcoinpepe\">\n        <a href=\"https:\/\/bitcoinpepe.co\/en?utm_source=coinjournal&amp;utm_medium=banner&amp;utm_campaign=header\" target=\"_blank\" rel=\"nofollow sponsored noopener\"><br \/>\n            <img src=\"https:\/\/coinjournal.net\/wp-content\/themes\/c1-base\/dist\/img\/ad\/blockovate\/en.png\"\/><br \/>\n        <\/a>\n    <\/div>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/pi-network-price-dips-to-0-67-as-technicals-hint-at-further-downside\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Local support lies at $0.61, with risk of slide to $0.57. Resistance at $0.71 must be reclaimed for recovery to start. Market sentiment for Pi Network remains cautious amid low volume. Pi Network, a cryptocurrency once hailed for its unique mobile [&hellip;]<\/p>\n","protected":false},"author":3947362361,"featured_media":53381,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/53380"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362361"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=53380"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/53380\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/53381"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=53380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=53380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=53380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}