Pi Coin Price Rebound Gains Momentum as Retail Traders Fuel Recovery

Pi Coin’s recent price rebound has caught many traders off guard, with the cryptocurrency rising 17.3% over the past week and trimming its monthly losses to just 5.4%. Even within the last 24 hours, PI has shown mild gains of around 0.6%, signaling that bullish momentum could be building once again.

On the daily chart, Pi Coin is showing a hidden bullish divergence — a technical pattern where the price makes a higher low while the Relative Strength Index (RSI) forms a lower low. This setup, seen between October 30 and November 1, often signals that selling pressure is weakening and that the existing uptrend may resume. Supporting this, the 4-hour chart shows the 50-period Exponential Moving Average (EMA) nearing a golden crossover with the 200 EMA — another bullish indicator that could drive short-term gains.

Adding to this optimism is the Money Flow Index (MFI), which measures both price and trading volume. Since October 24, MFI has been making higher highs, showing consistent inflows from retail traders. After a brief dip on October 29, it rebounded and now sits around 58 — well above the neutral 50 line. As long as it stays above 56.45, traders appear to be buying dips, helping Pi maintain its upward trajectory.

Key resistance for Pi Coin stands at $0.255, with potential upside targets at $0.270, $0.293, and beyond to $0.376. On the downside, support levels lie at $0.21 and $0.194. Holding above $0.243 and breaking through $0.255 could confirm the continuation of Pi’s bullish recovery. With technical indicators aligning and retail activity staying strong, Pi Coin’s rally still looks poised to extend further if momentum holds.