Pi coin price collapse warning after a short bullish rally

Paycoin has seen a sharp drop in price this week, indicating a short-term bullish pattern even as the overall outlook weakens.

The altcoin is trying to stabilize after recent volatility, but the overall situation suggests that any recovery may be short-lived before a deeper pullback.

The Pi coin cannot escape its bearish fate

The Chaikin Funds Flow (CMF) indicator shows that the flows have slowed down, but have not completely disappeared. This indicates that investors do not They give up Paycoin Quite despite the recent decline. The presence of sustained flows is a positive sign in part because it shows some confidence in the recovery of the asset in the short term.

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However, this feeling is fragile. Changes in market conditions or a renewed downtrend could easily convert these weak influences into outflows. For now, the index supports a moderate bullish reaction, but uncertainty continues to weigh on investor confidence.

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From a macro perspective, Picoin is showing signs of a bearish flag pattern forming. This typical structure appears during downtrends and indicates the continuation of the downtrend momentum after a short consolidation phase. Paycoin has already established the two components – a clear trend in the price and consolidation in a narrow range – which increases the possibility of a collapse.

If the bear flag pattern occurs as expected, You can meet Paycoin A deeper decline, with a macro target near $0.182. This level is consistent with broader technical weakness and reflects the market’s declining appetite for risk.

The PI price looks optimistic in the short term

Pi is currently trading at $0.232 at the time of writing, registering a 16% decline over the past few days. The altcoin is currently holding the support level above $0.224 as it moves in an ascending channel, testing its lower trend line for support.

This positioning may contribute to a short-term rebound. Pi coin can recover Around $0.246 and may break above $0.250 if the channel structure remains intact. Such a move would be consistent with the short-term bullish sentiment implied by the CMF.

However, if market conditions deteriorate or investor sentiment weakens, Pi is facing danger It lost support at $0.224. A drop below this level could send the price to $0.217 or lower, negating the short-term bull thesis and supporting the broader bearish pattern.