The decline of the Pi coin continues, but the data tells a more complex story

Pi Coin continued its decline for the third week in a row, falling sharply from its recent local peak. The altcoin has struggled amid weak investor support and broader market hesitancy.

While selling pressure dominated the previous sessions, signals on the chain now suggest that a key factor may improve.

Pi coin holders ride capital

Chaikin’s fund flow has been gradually increasing in recent days. This change indicates that capital is slowly returning to Pi Coin. Investors seem to be adjusting their position, most likely seeing current prices as attractive accumulation areas.

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An increase in CMF reading often reflects an improved conviction. New flows are essential to any recovery attempt, as continued buying helps absorb selling pressure. If this trend continues, You can earn Pi Coin Momentum is needed to stabilize and test a short-term rebound.

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Although the inflows have improved, the macro indicators are mixed. The Average Trend Indicator shows that the recent downtrend is about to strengthen. A move above the 25.0 threshold would confirm the prevailing bearish momentum, reinforcing the sellers’ control.

However, not above this level indicates the strength of the weak trend. In such a scenario, the sales pressure may disappear. This will be granted Pi Coin space to recover, especially if buying interest continues to grow with supportive market conditions.

The price of PI can end at the limit of the range

Pi Coin is trading near $0.203 at the time of writing, holding the $0.198 support level and below the $0.208 resistance. The token is still down about 28% from its local high of $0.284. The price action indicates a consolidation rather than a decisive move.

If the downtrend strengthens, Pi’s currency can stay Limited between $0.198 and $0.208. This structure will limit the positive potential and delay recovery. The prolonged consolidation may also test the patience of investors during the ongoing market uncertainty.

The bullish scenario depends on continued capital flow. Continuous accumulation Pi Coin can help In return $0.208 as support. A successful breakout could push the price towards $0.217, with a further rise to $0.224. Such a step eliminates the negative hypothesis.