Pi Coin Price Stuck As One Level Blocks Upside
The post Pi Coin Price Stuck As One Level Blocks Upside appeared on BitcoinEthereumNews.com.
Pi Coin price has started to show early signs of a rebound after weeks of pressure. Price action still looks muted on the surface, trading largely flat over the past seven days. But underneath, capital behavior is shifting in a way that usually appears before larger moves. Money is beginning to return, and dips are no longer being sold aggressively. The focus is now very specific. Pi Coin’s repeated interaction with the $0.21 level is shaping both momentum and trader behavior. Whether the PI price finally moves away from this zone or stays trapped by it will likely decide the next meaningful trend. Sponsored Sponsored Capital Returns as Dips Get Absorbed The first signal comes from capital flow. The Chaikin Money Flow (CMF) tracks whether big money is flowing into or out of an asset by combining price and volume. When CMF stays above zero, it suggests buyers are in control overall. Pi Coin’s CMF has crossed above the zero line for the first time in weeks and has also broken above a descending trendline that previously capped buying attempts. This is important because the last time CMF failed at this same trendline after crossing it briefly, Pi Coin went on to correct by roughly 32%. This time, for an upside, the CMF must hold above the trend line and also the zero line. Big Money Returns: TradingView Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. Dip behavior reinforces that shift. The Money Flow Index (MFI) measures buying and selling pressure by factoring in both price movement and traded volume. Unlike CMF, which tracks broader capital flow, MFI focuses on whether traders are actively buying dips or selling into them. Sponsored Sponsored Between December 6 and December 19, Pi Coin’s price trended lower, while…
