Pi Coin Holds Key Support at $0.44 Amid Market Volatility - Bullish Reversal Signs Emerge

Pi coin's price remains steady at $0.4582, showing resilience with a 1.62% daily gain despite a 13.37% weekly decline. The token maintains strong liquidity with $3.5 billion in trading volume and a $61.17 million market cap.

Technical indicators flash promising signals for crypto investors. The RSI at 36.56 approaches oversold conditions while the MACD shows early signs of a bullish crossover. The $0.44 support level demonstrates strong holding power, with upside resistance forming at $0.50 and $0.54.

Chart analysis reveals the token is currently trading below the 20-period SMA ($0.47155), though oversold conditions may present accumulation opportunities. The weekly pattern shows consistent sell pressure from the $0.52 resistance level, but growing bullish divergence suggests potential reversal momentum.