Written by
Ananda Banerjee
Edited by
Ann Maria Shibu
Pi Coin price has been moving in tight ranges despite the broader crypto market showing strength. At press time, PI trades at $0.360, flat over the past 24 hours. On the weekly frame, it is up 1.5%, while on the monthly scale, it has gained 3.4% — rare green numbers for the token in recent months.
But despite these steady gains, the past week has made one thing clear: Pi Coin price is caught in a buyer-seller stalemate. The market is waiting for a breakout, and the numbers show exactly how close that may be. A 2% bounce or a 5% dip could decide which side wins.
The split between big wallets and retail traders is now visible in the money flow data. The Chaikin Money Flow (CMF), which measures whether money is moving in or out, dropped sharply from 0.11 to 0.03 at press time.
This fall suggests that large wallets have been moving funds out, signaling reduced confidence.
At the same time, the Money Flow Index (MFI), which tracks trading volumes and buying pressure, has gone in the opposite direction. It climbed from 43.11 to 52.71 in the same period. This is a strong signal that retail traders, who often act in smaller bursts, might still be putting money in and buying the Pi Coin price dip.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
The divergence between CMF and MFI is at the core of the buyer-seller stalemate. Large wallets are stepping back, but retail activity is keeping the price afloat. The Bull-Bear Power indicator (BBP), which tracks the balance between buying and selling pressure, confirms this tug of war by staying close to neutral.
For now, it seems retail buying is winning over large wallet outflows as the BBP indicator still flashes green, but the balance could shift quickly. If outflows continue, bulls may lose their edge.
The price structure also reflects the standoff. Pi Coin price has been moving inside a symmetrical triangle since August 25, compressing toward a breakout point. The range-bound trading at $0.360, even with small gains, shows how locked the market is.
A daily close above $0.367 would be enough for a clean breakout on the upper trendline, a 2% upmove from the current level. That would put Pi on track for $0.377, a short-term bullish target, which might happen if the retail demand stays strong.
On the downside, however, risks remain. A break under $0.343 (a 5% fall) would weaken the structure, and falling below $0.334 could send Pi toward fresh all-time lows.
The tug of war between buyers and sellers has kept Pi Coin price stuck, but the symmetrical triangle shows this won’t last.
A move either way is likely soon. With retail holding firm but whales reducing exposure, the breakout/breakdown direction will depend on whether smaller buyers can keep overpowering larger outflows.
Daily Crypto Insights
Insights, news and analysis of the crypto market straight to your inbox
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
