Emre Yumlu 
Ongoing weakness across the broader crypto market continues to weigh on altcoins, and Pi Coin is no exception. That said, recent price action suggests Pi has reacted from a technically significant low, placing the asset at a decisive short-term inflection point. Whether this bounce evolves into a sustained recovery or fades into another leg down will largely depend on how key levels behave in the coming sessions.
What the Technical Picture Signals for Pi Coin
Pi Coin moved higher in tandem with Bitcoin’s short-lived rebound, posting a reaction rally from its recent lows. This move carried the price toward the 0.1527 dollar zone, an area that stands out as a major resistance based on prior price structure and historical reactions. For now, Pi Coin has been rejected from this level, mirroring Bitcoin’s own hesitation at resistance.
The next phase will be defined by whether Pi can avoid setting a fresh lower low. If the current pullback results in a higher low and price attempts another push toward 0.1527 dollars, the probability of a breakout increases. A confirmed close above this level would mark a meaningful shift in short-term momentum and potentially alter the broader technical narrative.
Upside Scenarios and Key Targets
Should Pi Coin reclaim 0.1527 dollars decisively, the next upside objective comes into view at 0.1770 dollars. This zone is notable due to the concentration of short positions accumulated below it. A move into this range could trigger short liquidations, accelerating upside momentum as forced buying enters the market.
From a higher-timeframe perspective, weekly price behavior is particularly important. A weekly close above 0.1527 dollars, which aligns with the October 10 wick on the chart, would suggest that Pi Coin has preserved its broader structure. Such a development could open the door to a more sustained recovery phase rather than a purely technical bounce.
Broader Market Conditions Remain a Headwind
Any assessment of Pi Coin must be framed within the wider market context. The total crypto market capitalization has declined by approximately 5.04%, reflecting a broad risk-off environment. As selling pressure intensified across altcoins, Pi Coin followed suit, underscoring the systemic nature of the move.
At the same time, rising Bitcoin dominance has redirected liquidity away from secondary assets, compressing relative demand for Pi. Currently trading around 0.1444 dollars, Pi Coin has also seen a sharp increase in trading activity. Volume surged by 126.75% to roughly 35.3 million dollars, a pattern more consistent with active distribution than passive consolidation.
Fragile Structure, But Worth Monitoring
In the near term, Pi Coin’s trajectory remains closely tied to Bitcoin’s search for structural support. As long as bearish pressure persists at the macro level, momentum is likely to stay fragile. However, if broader conditions stabilize, Pi Coin may transition into a consolidation range above its recent lows.
Ultimately, the 0.1527 dollar level stands out as the defining threshold. How price behaves around this zone will likely determine whether Pi Coin can build a foundation for higher levels or remains trapped in a corrective phase.
This content is for informational purposes only and does not constitute investment advice.
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