Pi Coin Struggles to Break Resistance Amid Weak Market Momentum

Pi Coin’s price continues to trade sideways, struggling to gain momentum after multiple failed attempts to breach resistance levels. Over the past several days, the cryptocurrency has remained stagnant, reflecting weak investor participation and indecision among traders awaiting a clear market direction. Currently, Pi Coin hovers in a narrow range, signaling hesitation as both bulls and bears wait for confirmation of the next major move.

According to the Chaikin Money Flow (CMF) indicator, capital inflows into Pi Coin are gradually increasing, though at a modest pace. This slow uptick suggests a mild return of investor interest but not enough to trigger a breakout. Historically, consistent inflows drive sustainable rallies, yet current CMF readings highlight persistent liquidity constraints. For Pi Coin to shift into a bullish trend, it needs stronger accumulation and renewed activity from large holders.

From a broader technical perspective, the Squeeze Momentum Indicator shows bearish pressure starting to fade, hinting that sellers may be losing control. However, momentum remains muted as traders wait for a breakout signal. The formation of a squeeze pattern on the chart indicates a possible volatility expansion. Should the breakout favor the bulls, Pi Coin could experience a sharp upward movement.

As of now, Pi Coin is priced at $0.207, just below a critical resistance at $0.209. The altcoin has been consolidating above $0.198 for nearly two weeks, underscoring market indecision. A successful breakout above $0.209 could push prices toward $0.229, provided investor inflows and trading volume strengthen. Conversely, failure to hold the $0.198 support may drag prices down to $0.180, nullifying short-term bullish expectations. Pi Coin’s next move hinges on liquidity growth and broader market sentiment.