Pi Network (PI) price is still green, but there are 3 warning signs on the chart!

Jakarta, Pintu News – Pi Network (PI) is still posting gains of around 9% over the last month, but the short-term picture is starting to show signs of weakness. Currently, PI is trading at around $0.226, virtually unchanged in the last 24 hours.

This condition may be considered stable by traders, but the chart shows some indications that the consolidation from $0.209 may start to lose steam. These early signals suggest that a pullback is likely unless buyers can take back control.

Chart Signals Show Strengthening Weakening

A bearish engulfing pattern formed on Pi Coin’s daily chart, being the first sign of this weakness. This pattern appears when a red candle completely covers the previous green candle, often signaling that sellers have taken control after buyers lost momentum. Every time this pattern has appeared since October 21, Pi Coin’s price has experienced a sharp decline, sometimes by up to 8% and even reaching 20%.

Pi Coin Price Levels that Matter Right Now

If a deeper drawdown occurs, the first key level that PI will have to defend is $0.219. If it manages to stay above this level, the consolidation could still continue. However, if this level is breached, it will open up an opportunity towards $0.209, which was the base of the last consolidation.

Also read: XRP price could drop to $2.03 before surging, says CasiTrades trader

To negate the bearish signal, PI needs to reclaim $0.230 and then break $0.236 with strong volume. Only then, the short-term trend could return to positive.

Indicators Showing Increasing Weakness

Although Pi Coin is still showing green in the monthly chart, the latest structure suggests traders to remain vigilant. Indicators are showing increasing weakness, and unless PI passes its resistance soon, a withdrawal zone may be in the offing. Investors and traders should pay attention to these signals in anticipation of further price movements.

Conclusion

By looking at the current condition of Pi Coin, which is still showing an increase but is accompanied by warning signs on the chart, market participants must remain vigilant. Keeping an eye on key indicators and levels will be crucial in determining future investment strategies. Vigilance and quick response to changing market signals could be the key to minimizing risk and maximizing potential profits.

FAQ

What is a bearish engulfing pattern?

A bearish engulfing pattern is a chart pattern where a red candle completely covers the previous green candle, indicating that sellers have taken control from buyers.

Why is it important to pay attention to the $0.219 and $0.230 price levels on Pi Coin?

The $0.219 and $0.230 price levels are important as they act as support and resistance. Keeping the price above $0.219 could maintain the consolidation, while breaking $0.230 could turn the trend positive.

What percentage of decline occurred when the bearish engulfing pattern appeared before?

When the bearish engulfing pattern appeared previously, the price of Pi Coin had experienced a drop of around 8% to 20%.

What does strong volume mean in the context of the crypto market?

Strong volume in the crypto market refers to the large number of transactions that occur in a given period, indicating intense trading activity that can influence price movements.

How should investors respond to bearish signals on Pi Coin?

Investors should monitor closely and may need to adjust their strategies based on bearish signals, such as securing positions or waiting for trend confirmation before making further investments.

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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.

Reference

• BeInCrypto. Pi Coin Price Weakness Signals Pullback. Accessed on November 20, 2025
• Featured Image: CoinTrust