Pi Coin Price Stabilizes Near $0.77 After Minor Recovery

The Pi Coin price is currently trading around $0.7699, showing signs of stabilization above short-term demand after retreating from midweek highs. The token has made a minor recovery from Thursday’s sell-off, pushing it back near the $0.773 resistance zone. However, the overall structure remains capped beneath critical trendline levels, with momentum slowly rebuilding but still squeezed below key exponential moving averages.

The current price action suggests consolidation within a narrowing triangle, indicating potential for an upside continuation if buyers reclaim $0.782. However, market hesitation is visible as traders assess whether a breakout above immediate resistance can hold in the face of fading volume and mixed momentum signals.

On the 30-minute and 4-hour charts, Pi Coin price has formed a descending wedge pattern after last week’s peak near $0.89. Multiple rejections near $0.78–$0.79 have created a resistance ceiling, while layered support has built between $0.762 and $0.754. A bullish breakout attempt above $0.777 was rejected twice, indicating short-term supply zones remain intact.

Price continues to hover near the $0.769 pivot level, which coincides with the lower edge of the 20-EMA and the wedge’s diagonal trendline. A decisive move through $0.782 could trigger a short squeeze toward $0.80–$0.825, but failure to hold $0.762 may pull the Pi Coin price down toward the $0.740 and $0.715 demand blocks.

On the momentum front, the RSI on the 30-minute chart sits near 48.62, recovering modestly from oversold conditions but still struggling to break decisively above 50. The MACD histogram is nearly flat, while the lines remain mildly bearish, signaling caution among short-term traders. However, Stochastic RSI on lower timeframes is turning upward, flashing potential for an intraday bullish crossover. Ichimoku analysis shows the price just below the cloud, with the Tenkan and Kijun lines still sideways—confirming indecision. Meanwhile, the Chande Momentum Oscillator prints at +3.27, leaning slightly bullish but not strong enough to confirm momentum conviction.

The Pi Coin price update on these indicators supports a neutral bias with slight upward tilt—pending a breakout or breakdown in the next 24 hours. The recent wick rejection near $0.763 marked a potential accumulation zone, coinciding with a slight uptick in intraday volume and RSI momentum. Moreover, Pi Coin price volatility has compressed over the past 48 hours, a typical precursor to directional breakout attempts. If bulls can regain the $0.782–$0.785 resistance zone, it may confirm a breakout continuation, especially if momentum indicators flip more decisively bullish.

Over the weekend, Pi Coin price action may continue to trade within the $0.762 to $0.782 wedge structure unless volume expands and buyers push above diagonal resistance. If bulls succeed, the $0.800 psychological mark and then $0.825 could be tested swiftly. However, downside risk remains if the price breaks below $0.762 support. In that case, bears may eye $0.740 as the next critical zone, followed by $0.715.

The Pi Coin price today reflects consolidation with bullish attempts beginning to stir again. While momentum remains tentative, the formation of higher lows and compression near key moving averages suggests a potential upside break if $0.782 can be reclaimed. Until then, traders will likely watch the wedge pattern and momentum shifts closely to gauge the next impulsive move in Pi Coin price.