PaiCoin Weekly Price Prediction: $0.13 Critical Support Level, Major Holders Rush to Exit

PI-4,12%

The Pi coin has been in a prolonged downtrend since early January, with strong selling pressure. Buyers are absent, searching for a bottom, with support at $0.13 and resistance at $0.15. Large holders are rushing to exit. The RSI has been consistently oversold below 30 since January 20, indicating significant selling pressure with no rebound room, and the expectation is for continued decline.

Support at $0.13 is at risk

派幣走勢圖

(Source: Trading View)

派幣 This week’s price forecast requires careful analysis. In the context of ongoing market volatility, how might Pi Network’s price move in the coming days? Since early January, PI’s price has not rebounded. How low could the price go? This is the most concern among all Pi holders.

The key support level is at $0.13, and the key resistance is at $0.15. Since the price started declining in early January, PI has not rebounded. The current selling momentum remains extremely strong as of this writing. With buyers absent, the market is still searching for a bottom. The support level is at 13 cents, and resistance at 15 cents.

$0.13 was the all-time low touched last week, a psychologically significant level. Breaking below could mean creating a new historic low, potentially triggering a final capitulation sell-off. From a technical analysis perspective, once support is broken convincingly, the next support usually lies at a lower level. For Pi, if it falls below $0.13, the next possible support is at the $0.10 mark.

The resistance at $0.15 is a recent high point of multiple rebounds. Every attempt to rally above $0.15 has been met with heavy selling and reversal. This “rebound gets crushed” pattern indicates a large amount of trapped sellers around the $0.15 level waiting to be forced out. As long as these sell orders are not absorbed, Pi will find it difficult to break through $0.15 and form a genuine rebound.

Three key technical points for Pi this week

Support at $0.13: historic low, breaking it may test $0.10

Resistance at $0.15: concentrated trapped sellers, difficult to break

RSI remains oversold: below 30 for over 20 days, extremely rare

Large holders fleeing signals with surging sell volume

Since mid-January, selling pressure has surged sharply, possibly indicating some large holders are rushing to exit. This process appears ongoing; before sell volume decreases, Pi is unlikely to rebound. Abnormal trading volume often signals a bottom or top; current conditions resemble a final flush before a bottom forms.

Evidence of large holder exits includes: frequent large single transactions, exchange inflow volumes consistently higher than outflows, and price reacting very sensitively to small sell orders (small sell orders can push the price down). These signs suggest early miners holding large amounts of Pi are systematically liquidating, while the market lacks sufficient buy support.

This process of large holder exit may take weeks or even months to complete. Early miners hold enormous quantities (hundreds of thousands or millions of coins). They cannot sell all at once or the price would collapse near zero. Rational strategy involves gradual selling, offloading part each time, waiting for slight rebounds before continuing. This “slow bleed” selling causes Pi’s price to decline steadily rather than crash suddenly.

Technical despair with RSI oversold for 20 days

派幣RSI

(Source: Trading View)

The daily RSI indicator remains in oversold territory. Since January 20, the daily RSI has been below 30. More concerning, it has remained in this zone ever since. This indicates the market is under immense selling pressure, with no room for a rebound. As long as this persists, the price is expected to continue downward.

RSI staying below 30 for over 20 days is extremely rare in technical analysis history. Normally, after entering oversold, RSI rebounds to neutral within days, even if the price continues to decline, because the downward momentum slows. But Pi’s RSI has been below 30 for 20 consecutive days, meaning it is continuously declining or stagnating at very low levels, with selling pressure never truly easing.

This extreme and persistent oversold condition is both a bearish technical signal and suggests a potential bottom may be forming. Historically, after RSI remains oversold for weeks and then finally rebounds, it is often accompanied by sharp price increases, as all sellers have sold out and new buyers can push prices higher easily. But when will this “final rebound” occur? It could be tomorrow or months from now. Until then, bottom-fishing investors may face ongoing losses.

Forecast for Pi this week: in the short term, support at $0.13 may be tested or even broken, with the next target at $0.10. In the medium term, as long as RSI remains oversold and selling volume does not decrease, substantial rebounds are unlikely. In the long term, once large holders have finished unloading and supply pressure eases, a sharp rebound could occur, but timing is uncertain. For investors, the most rational approach now may be to stay away from Pi and wait for clear reversal signals before considering entry.

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Coinfomania02-10 11:47
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GateUser-d08d427fvip
· 6h ago
The couple's marketing strategies were a total failure.
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