Pi Coin Price Prediction: Rebound of 8% Yet Still Trapped in Bear Market, Low Liquidity on Exchange and Tokenomics Concerns Are the Biggest Obstacles to Rise

The Pi Network (PI) Token has shown some resilience after the recent big dump in the crypto market, with the price recovering to 0.2188 USD, rising 8.22% within the day. However, despite the short-term technical rebound, the PI price remains well below all key MAs, indicating a sustained bearish momentum in the short, medium, and long term. Given the long-standing concerns about PI's tokenomics, transparency, and the limited mainstream CEX listing issues, along with the significant impact of the recent 19 billion USD market collapse, the upward breakthrough still faces severe challenges until fundamental improvements occur.

Department Collapse and Token Concerns: PI Price Under Continuous Pressure

Against the backdrop of a severe blow to the entire crypto market, Pi Network (PI) is facing enormous selling pressure, with prices plummeting by over 90% from previous highs. In addition to the overall market slump, the continuous unlocking of PI's token supply and concerns surrounding project transparency and tokenomics have further exacerbated investors' uncertainty.

· Liquidity constraints exacerbate the fall

Due to the limited listing of PI on mainstream CEXs, its liquidity has been constrained. The limited trading venues make the Token more susceptible to large-scale sell-offs, making it difficult to attract institutional funds, thus exacerbating the downward pressure.

· Fundamental challenges suppress rebound

Although the project previously mentioned the deployment of new DeFi features on the testnet (including DEX and AMM liquidity pools) aimed at supporting developer innovation and stimulating activity, these positive developments have not yet been able to offset the macroeconomic headwinds and the ongoing skepticism in the market regarding the project's structural issues.

Technical Analysis: Mixed Oversold Signals, Key Resistance Levels Hard to Shake

The technical indicators of Pi Network (PI) are currently in a contradictory state: on one hand, the price is far below the MA, indicating a strong bear market trend; on the other hand, the oversold indicator may suggest a short-term Rebound opportunity.

· Continuous bearish structure

The PI price is currently significantly below all key moving averages: the 20-day MA ($0.2505), the 50-day MA ($0.3088), and the 200-day MA ($0.5095), which reinforces its bearish momentum across all time frames. The Ichimoku Kijun ($0.2641) serves as its dynamic resistance level.

· Short-term momentum and oversold signals

The momentum indicator shows mixed signals:

The D1 ADX indicator shows a strong upward movement, but the MACD is still in a bearish state.

The D1 RSI indicator is at an extremely oversold level of 18.3, and the CCI also shows a similar oversold condition. Nevertheless, the Stochastic RSI has given a buy signal, suggesting that there may be a demand for a short-term technical rebound.

However, the Bull/Bear Power remains neutral, and the Awesome Oscillator has failed to provide a strong confirmation signal.

Expert Opinions and Short-term Price Predictions

Traders Union expert Viktoras Karapetjanc believes that Pi Network (PI) is facing ongoing fundamental and macroeconomic headwinds. He emphasizes that the broader crypto market volatility, along with doubts surrounding its tokenomics and supply unlock, continues to suppress market sentiment.

· Short-term risks and opportunities coexist

Karapetjanc pointed out that although the technical signals are generally bearish, the extremely oversold readings may spark some short-term tactical interest when market conditions stabilize. He believes that structural improvement and increased transparency are key to achieving a sustained recovery. Karapetjanc concluded: “Momentum is trying to improve, and if $0.1989 can hold as support, I see a consolidation range of [PI]https://www.gate.com/buy-pi-network-pi(, and if market confidence returns, it could bring surprises.”

· Short-term price prediction

In the short term, PI is expected to fluctuate between $0.1989 and $0.2138. The basic scenario leans towards price consolidation within a narrow range, with a less than 20% probability of a price rise.

A bullish breakout requires the price to convincingly break through the resistance level of 0.2641 dollars.

The downside risk lies in breaking below 0.1989 USD, which would confirm ongoing selling pressure and open the way for further declines.

Conclusion

Pi Network (PI) Token has shown slight signs of recovery after experiencing market fluctuations, but its long-term bear market structure remains unchanged. Continued tokenomics and liquidity constraints are the main obstacles to its price breakthrough. Investors should consider 0.1989 USD as a key short-term support and recognize that, in the absence of substantial improvements in transparency and support from mainstream CEX listings, any strong price rebound may only be a correction following technical overselling.

Note: This article is for informational purposes only and does not constitute any investment advice. The crypto market is highly volatile, and investors should make decisions with caution.