Pi Coin is beginning the new week at a potential breakout point following weeks of consolidation. After reaching a local high near $1.60 in early May, the token retraced and is now trading just below a key descending trendline. At writing, Pi Coin price is trading at $0.7815, showing a 2% increase in the last 24 hours. However, trading volume is down 20%, raising some caution around the strength of this latest move.
Let’s break down today’s outlook.
📅 What We Got Right Yesterday
In yesterday’s Pi Coin outlook, the $0.78 resistance and the $0.73 support were highlighted as defining levels. The price action stayed true to this forecast, remaining range-bound while testing the upper edge of the wedge structure.
We also anticipated a potential breakout or rejection from the descending trendline drawn from the May 14 high. Pi Coin is now positioned right at this trendline, and the 4-hour candles suggest indecision, with neither bulls nor bears clearly in control.
📊 Pi Coin Daily Overview (May 26)
- Current Price: $0.7815
- 24h Change: +2.01%
- Volume: Down 20% from the previous day
Pi Coin price is trading just below the dynamic resistance formed by a descending trendline. The support zone remains between $0.70 and $0.73. Price compression is evident, and volatility is tightening, suggesting a breakout move may be approaching.
The structure resembles a falling wedge, which often leads to bullish reversals when followed by a strong impulse move and volume expansion.
🔍 What the Pi Coin Chart Is Showing
The 4H chart continues to reflect a correction phase following the parabolic move from $0.40 to $1.60 earlier this month. Price is now trading sideways with a slight bullish lean as it tests the upper boundary of the wedge.
Support between $0.70 and $0.73 has held firmly across several retests. Resistance is now forming around $0.83 to $0.85. A confirmed breakout above this level may pave the way toward $0.90 or higher.
Despite the modest price gain today, volume contraction suggests low conviction, and the market may be waiting for confirmation from broader trading activity.
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📈 Technical Indicators (Hourly Timeframe)
| Indicator | Value | Signal / Interpretation |
| RSI (14) | 53.99 | Neutral momentum, slight bullish lean |
| ADX | 44.56 | Strong trend forming, direction not confirmed |
| MACD (12,26) | +0.003 | Early bullish crossover |
| CCI (14) | 29.76 | Neutral zone, limited momentum |
| Ultimate Oscillator | 52.09 | Mild bullish pressure |
| ROC (Rate of Change) | 1.431 | Building bullish momentum |
| Bull/Bear Power (13) | +0.0007 | Slight bullish control |
Summary: Most indicators are neutral to mildly bullish. Momentum is gradually building, though the lack of volume could limit any breakout attempts unless buying pressure increases.
🔮 Pi Coin Price Prediction Scenarios
Bullish Scenario: A confirmed breakout above $0.78, followed by a strong 4-hour candle close and rising volume, could lift Pi Coin toward $0.85 and possibly $0.90.
Neutral Scenario: Price remains range-bound between $0.73 and $0.78 as traders await stronger signals.
Bearish Scenario: A breakdown below $0.73 could trigger a fall to $0.70 or even $0.65 if volume spikes on red candles.
🧠 Wrapping Up
Pi Coin price is sitting at a technical decision point. The price is testing a descending trendline with early signs of bullish interest, but lower trading volume is a concern. Support remains intact, but the market has not yet shown enough conviction to break out decisively.
Until volume increases or price decisively clears $0.85, expect continued sideways movement. However, all eyes are on the current wedge structure, as a breakout or breakdown from this zone could determine the next major move.
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