
Jakarta, Pintu News – The price of Pi Network  in Indonesia on Wednesday, September 17, 2025, was around IDR 5,830 per coin (referring to the global price of approximately $0.3564 at an exchange rate of IDR 16,380 per US dollar). Although the daily movement looks stable, technical indicators show an imbalance in market sentiment.
The latest chart structure also shows the potential for price declines if selling pressure continues to increase. This condition makes market participants need to be more careful in taking positions, especially amidst trading volumes that tend to weaken.
The chart above shows the price movement of Pi Network (PI) in the span of 1 day with the current price hovering around $0.3564, edging up 0.07% in the last 24 hours.
Throughout the trading session, the price of PI was volatile with candlestick patterns showing alternating selling and buying pressure. At the beginning of the day, the price tried to break the $0.36 area, but selling pressure made it correct to near $0.354, before stabilizing again in the consolidation area.
The daily trading volume was recorded at around $23.66 million, down more than 44% compared to the previous period, indicating that market activity is slowing down although community sentiment is still positive with 88% bullish.
The sideways price movement at the end of the session suggests the market is looking for a new direction. If buying pressure strengthens, PI could potentially retest the resistance area above $0.36, while weakness could push prices to test the immediate support around $0.354.
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The Money Flow Index (MFI) which measures buying or selling pressure through price and trading volume, showed a sharp increase during this price spike. This indicates that there is active buying going on.
However, the Chaikin Money Flow (CMF) which measures the flow of money in or out of the asset, shows a different story. The CMF currently stands at -0.11, signaling that there are no significant inflows from big players, only outflows. An imbalance between a rising MFI and a negative CMF often indicates weakness in the market.
In addition, the Relative Strength Index  on the daily chart shows a hidden bearish divergence, where Pi Coin’s price is registering lower peaks while the RSI is registering higher peaks. This is usually an indicator of a downward trend that will continue.
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On the 4-hour chart, Pi Coin’s price appears to be forming a head and shoulders pattern, which is a classic bearish setup. The top of the right shoulder seems to have formed with this last price spike, with the neckline being around $0.33.
If the price breaks below this neckline, the measured target suggests a drop towards $0.31, which would be a new all-time low.
The price rise being driven by retail traders while broader indicators and chart structure point to a decline, makes this spike appear risky. Investors should be wary of this potential trap that could drag Pi Coin’s price even lower.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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