Pi Coin Bears Losing Steam—Bulls Poised for Major Rebound?
Bearish momentum on Pi Coin shows signs of exhaustion—just as bullish traders circle for a potential reversal play.
Technical indicators flash cautious optimism
RSI levels suggest oversold conditions haven't been this attractive since the last market cycle. Resistance levels that held firm last week now show cracks—bulls testing waters with aggressive limit orders.
Volume patterns tell the real story
Whale accumulation patterns emerging quietly while retail panic sells at the bottom—classic market behavior that makes hedge funds rich and Twitter traders poor. Short interest dropping faster than a crypto influencer's credibility after a failed prediction.
The institutional whisper network
OTC desks report renewed interest from Asian markets—where they actually build things instead of just tweeting about building things. Mining operations quietly expanding capacity while mainstream media still debates 'whether crypto is dead.'
Timing the bounce
Every dumb money sell-off creates smart money opportunities—and this dip smells like desperation rather than fundamental breakdown. The same analysts who called the top now calling for lower lows while quietly accumulating positions.
Because nothing says 'financial innovation' like watching billionaires buy digital assets from people who couldn't afford the gas fees to sell them properly.
Money Flow Index Shows Quiet Bullish Divergence
The Money FLOW Index (MFI) on the daily chart has flashed a subtle but important signal. While Pi Coin price formed a lower high, the MFI registered a higher high, creating a mild bullish divergence.
Last time this happened, between August 3 and August 9, the Pi Price bounced from $0.32 to $0.46, nearly a 30% surge in a matter of days.
Currently, MFI remains below the 40 mark. But if it crosses above 40 in the coming days, that WOULD establish two consecutive higher highs. If confirmed, this could be the first sign that sellers are starting to pull back.
The Money Flow Index combines price and volume data to track buying and selling pressure. A rising MFI during falling prices often hints that accumulation is ongoing.
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Bears Still in Control, But Losing Steam
While PI Coin bulls aren’t winning yet, the Bull-Bear Power (BBP) indicator on the 4-hour chart suggests bears are tiring. Momentum on the sell side has weakened compared to earlier cycles, where bearish strength was built aggressively.
This drop in bearish intensity doesn’t confirm a reversal. But it does imply that if Pi Coin bulls push at the right levels, there’s now room to squeeze a rebound, especially with momentum looking less one-sided.
A similar weakness in the bearish momentum was seen in early August, a move that aligns with the rising MFI and a NEAR 30% price surge, as highlighted earlier.
BBP measures the strength of bulls vs. bears in real time. A slowdown in bearish momentum during a downtrend often leads to relief rallies, even if they are short-lived.
Pi Coin Price Levels to Watch
Right now, the Pi Coin price is trading around $0.35, holding just above key support. This support zone has already been tested multiple times. If sellers break through, a clean MOVE below $0.32 could open up new lows fast.
But if the current level holds and bullish pressure picks up, short-term targets become visible:
- $0.38 – Immediate resistance and first test
- $0.41 – Mid-level breakout confirmation
- $0.46 – Same level as the last rebound top in early August
An MFI higher high setup also triggered the last Pi Coin price surge, which is very similar to what’s building now.
So, while Pi Coin’s long-term structure remains weak, the current combination of falling bearish strength and rising buying interest might let bulls sneak in a rebound, at least while the bears pause for breath. But then, watching out for the $0.32 level is important.
