Pi Coin Posts 9.7% Four-Day Loss as MACD and CMF Signal Potential Recovery Hinged on $0.440 Support Level

Pi Coin has seen a significant increase in capital inflows, with technical indicators like the Moving Average Convergence Divergence (MACD) signaling potential recovery. A bullish crossover in the MACD, accompanied by green histogram bars, suggests a shift from bearish to bullish momentum, indicating weakening downward pressure on the asset [1]. The Chaikin Money Flow (CMF) has also shown a marked rise, reflecting intensifying buying pressure, although the metric remains below the zero line [2]. Analysts note that holding the critical support level at $0.440 is essential to avert further declines and enable a potential rebound toward $0.493. If Pi Coin maintains this support, it could regain investor confidence and stabilize recent losses; however, a breach below $0.440 might expose the asset to renewed selling pressure, potentially driving prices toward its all-time low (ATL) of $0.400 [3].

Recent price action reveals Pi Coin trading at $0.442, with a 9.7% decline recorded over four days, placing it just 9.6% above its ATL. Technical analysis from COINOTAG emphasizes that the ability to hold $0.440 is pivotal for setting a foundation for recovery. Should the asset consolidate above this level, it could attract additional buying interest, reinforcing an upward trajectory. Conversely, a breakdown could trigger a retest of $0.400, requiring close monitoring of market sentiment to gauge further risks [4].

Investor behavior, as reflected in CMF and MACD trends, plays a decisive role in near-term outcomes. The CMF’s upward trajectory underscores growing participation, which historically precedes price rebounds. However, sustained accumulation must outweigh selling pressure to validate a meaningful recovery. Volume trends and order book dynamics will be critical for traders assessing the asset’s momentum. Maintaining $0.440 as a robust support zone could stabilize the market environment, fostering conditions for a sustained rally [5].

Market participants are advised to closely track key resistance and support levels to navigate Pi Coin’s evolving trajectory. While positive technical signals suggest optimism, the proximity to historical lows necessitates caution. The interplay between investor sentiment and technical indicators will ultimately determine whether the altcoin transitions into a recovery phase or faces renewed bearish challenges [6].

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