Pi token currently trades at $0.6341 while maintaining its downward movement, which started during early March 2025. The continuous drop of 3.26 percent intensifies market stress on the token as it moves toward its historic lowest point.
Pi experienced a significant decline, surpassing 76% from its late February peak value of $2.99. The market displays ongoing selling intensity, which led to short-lived price rebounds yet failed to stall the downward momentum.
According to OKX trading data Pi token started its day at $0.6554, then decreased to $0.6230 before ending at $0.6341. The token maintains a position just above its mainnet launch point of $0.6157, which functioned as support on February 20.
The market entered a downward trend after a brief period of strong growth, raising Pi values to $2.99 until they began to decline. Pi rose to $1.8096 on March 4 after achieving a daily gain of 9.16 percent, which led to its closing price.
This positive minor move did not lead to a sustained market turnaround. Red candles have taken over the daily chart, and this pattern reflects increasing trader pessimism since the trend began.
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Technical Structure and Volume Signals Show Persistent Selling Pressure
Trading volume, which surged to 108 million levels in late February, has now weakened, declining to 28.74 million per day. The sustained decrease in market activity suggests that retail and institutional investors have lost interest in the market.
The Moving Average Convergence Divergence (MACD) preserves a bearish configuration. The Moving Average Convergence Divergence indicator maintains a position below its signal line which indicates no significant signal pointing towards a potential market reversal or rising trends.
Continued heavy selling pressure on Pi leaves the token firmly positioned between its present valuation and its historical lowest point. A price drop beneath $0.63 would drive the token value down to the $0.6157 area, which could lead to a new historical low.
Source: Tradingview
For Pi to achieve stability it needs to rise past $0.70 while maintaining support at its current level. Distant resistance levels exist at $0.80 and $0.90 while market needs substantial positive developments to push prices toward these targets.
The cryptocurrency Pi operates without presence on prominent exchanges such as Binance, Coinbase, Kraken, and Bybit. Market confidence suffers because restricted accessibility and low liquidity.
Conclusion
The uncertain state of Pi coin stems from both declining price trends and decreasing volume participation. Market indicators signal bearish prospects until the token breaks through important resistance levels and avoids reassessing its previous price lows.
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