Pi's 200% Surge Stalls: Bulls Lose Momentum

The Pi Network (PI), an altcoin that has gained significant attention in 2025, has experienced a remarkable price surge, increasing by more than 200% in the last seven days and nearing the $3 mark. Despite this impressive rally, technical indicators suggest that the uptrend may be losing momentum, raising concerns about a potential correction.

The Directional Movement Index (DMI) indicates that buyers are still in control, but the narrowing gap between the +DI and -DI signals a weakening bullish pressure. Additionally, the Relative Strength Index (RSI) has cooled off from extreme overbought levels, and the Exponential Moving Averages (EMA) lines hint at a possible trend reversal, putting the bullish outlook at risk.

The Average Directional Index (ADX) for PI is currently at 37.6, after surging from 9 to 62.7 between yesterday and today. The ADX measures the strength of a trend without indicating its direction, with values above 25 signaling a strong trend and values below 20 suggesting a weak or non-trending market. PI's +DI is at 23.6, down from 57 yesterday, indicating weakening bullish pressure, while the -DI has risen to 20 from 1, showing an increase in bearish sentiment. Although the +DI remains above the -DI, confirming that PI is still in an uptrend, the narrowing gap between the directional indicators suggests that the uptrend is losing strength. If the +DI continues to decline and crosses below the -DI, it could signal the beginning of a trend reversal.

The RSI for PI is currently at 52.2, after reaching an extreme high of 95 yesterday and staying above 70 for several hours on February 26. The RSI is a momentum oscillator that measures the speed and change of price movements, ranging from 0 to 100. Values above 70 indicate overbought conditions, suggesting that the asset may be overvalued and due for a pullback, while values below 30 indicate oversold conditions, signaling potential for a price rebound. An RSI between 30 and 70 is generally considered neutral, with no strong directional bias. PI's RSI dropping to 52.2 after staying above 70 and peaking at 95 suggests that the intense