Pi Coin remains under heavy pressure following weeks of consistent decline. Despite a sharp daily recovery from the $0.40 range, the token is still unable to reclaim key resistance zones.
Technical indicators still remain mixed, and the broader trend continues to tilt to the downside. After a speculative run-up to $1.30 in mid-May, Pi coin price has been unable to find solid footing.
The price is now struggling to stay above $0.56, even though it’s trading well below its recent highs, with no new catalyst driving demand.
Let’s take a closer look at today’s setup.
📅 What We Got Right Yesterday
In yesterday’s analysis, we emphasized the risk of a breakdown if Pi coin price failed to hold the $0.60 support.
That exact move played out as the daily close came in at $0.5657, by confirming renewed selling pressure. We also noted that the $0.66 resistance was an important upside level to watch.
No breakout attempt materialized, and the price action remained weak, while staying well below the short-term range ceiling.
The low wick to $0.40 also aligned with our bearish outlook, which indicates a potential liquidity grab or stop-loss flush in a thin-volume environment.
📊 Pi Coin Daily Overview (June 14)
- Current Price: $0.5657
- 24h Change: -8.39%
- Daily RSI (14): 42.95
- Volume: Unstable, with occasional panic spikes
Pi Coin price is hovering just above its next key support between $0.50 and $0.55. The sharp selloff, followed by a partial recovery, signals continued market indecision. So far, sellers are still in control.
🔍 What the Pi Coin Chart Is Showing
The Pi coin structure continues to follow a descending trendline that began after the May high. Price has failed to create any higher highs and continues to form lower lows, hereby confirms a clear bearish pattern.
The large red candle on June 13, with a wick down to $0.40, shows there’s still heavy sell-side pressure.
Unless Pi can reclaim and hold above $0.60 soon, more downside tests could follow. For now, $0.50–$0.55 is the short-term level to watch.
Volume analysis suggests most bullish moves are being sold into, while dips see temporary bounces with weak follow-through. There is no indication of a reversal yet.
📈 Technical Indicators (Daily Timeframe)
| Indicator | Value | Signal / Interpretation |
| MACD (12,26) | -0.01 | Bearish crossover, weak downward momentum |
| ADX (14) | 22.195 | Weak to moderate trend forming |
| CCI (14) | 73.819 | Slightly bullish, short-term bounce risk |
| RSI (14) | 42.955 | Weak momentum, trending lower |
| Ultimate Oscillator | 45.839 | Bearish bias, no reversal yet |
| ROC (Rate of Change) | 1.214 | Slight short-term gain |
| Bull/Bear Power (13) | 0.0013 | Neutral to mild bullish lean |
Summary: Most technical indicators remain in a bearish territory, with only minor signals suggesting a potential bounce. No strong divergence or recovery structure is in place on the daily timeframe.
🔮 Pi Coin Price Prediction Scenarios
Bullish Scenario:
If Pi reclaims $0.66 with strong volume, a move toward $0.70 may follow. No evidence of this setup yet.
Neutral Scenario:
A hold above $0.60 could keep the Pi coin price range-bound between $0.60 and $0.66. A low-volume drift may continue.
Bearish Scenario:
A daily close below $0.50 could open the door to $0.40 or even $0.30, which will retest support zones from earlier in the year.
🧠 Wrapping Up
Pi Coin price continues to struggle after failing to hold above key levels. The current trading range between $0.50 and $0.60 shows signs of exhaustion, with sellers retaining control.
Unless trading volume returns and a break above $0.66 occurs, the path of least resistance remains to the downside.
For today, the price is likely to chop between $0.55 and $0.60 unless a breakout occurs. A breakdown below $0.50 would invalidate the consolidation thesis and put lower targets back in play.
Read Also: Pi Coin Price Prediction for Today (June 12): Is $0.63 the Last Line of Defense?
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