Pi Network Faces Bearish Pressure: Key Levels to Watch in 2026
Pi Coin continues to struggle amid bearish momentum, with its price currently at $0.6448. Technical indicators, including MACD and moving averages, suggest further downside potential. A drop below $0.5547 could push the token toward $0.40, as it forms a bearish inverse cup and handle pattern on the 4-hour chart.
Market dynamics are weighed down by persistent supply pressures, with 280 million tokens set to unlock in the next 30 days. The lack of real-world utility and ecosystem applications further limits long-term growth prospects. June 28 remains a key date for the Pi community, though no immediate bullish catalysts are evident.