Pi Coin Price Bounce: 2 Key Charts Signal It Isn’t Over

Pi Coin’s Bounce Not Over? 2 Key Charts Signal Upside

The Pi Coin price bounce is catching many traders by surprise. With a solid gain of 17.3% over the past week, PI has successfully trimmed its monthly losses to just 5.4% and even posted a 0.6% gain in the last 24 hours.

Now, a closer look at the technical setup suggests this recovery may have more room to run.

Two Bullish Charts Driving the Pi Coin Price Bounce

The first significant sign of strength comes from the daily chart. A hidden bullish divergence formed between October 30 and November 1:

• The PI price formed a higher low.
• The Relative Strength Index (RSI), which measures buying strength, printed a lower low.

This mismatch often signals that sellers are losing control and that the near-term uptrend is likely to continue.

This daily pattern is reinforced by the 4-hour chart. The 50-period Exponential Moving Average (EMA) is approaching a “golden crossover” above the 200-period EMA. Traders view this as a powerful indicator of growing bullish momentum, strengthening the case for a continued Pi Coin price bounce in the short term.

Retail Inflows Continue to Sustain the Rally

A key reason this rally hasn’t faded is sustained activity from retail traders. The Money Flow Index (MFI), which tracks buying and selling pressure via price and volume, has been forming higher highs since October 24.

Although the MFI dipped slightly after October 29, it has since rebounded and currently holds around 58, comfortably above the neutral 50 line. As long as this indicator remains above the 56.45 level, it suggests traders are still actively “buying the dips” and supporting the ongoing Pi Coin price bounce.

Key Price Levels to Watch for PI

For the rally to continue, Pi Coin must overcome several key levels.

• Immediate Resistance: The first major hurdle sits at $0.255. A clean daily close above this level could ignite a move toward $0.270, representing an 8.4% climb from current prices.
• Upside Targets: If the $0.270 range breaks, the next targets include $0.293, followed by extended goals at $0.340 and $0.376.

On the downside, the support structure must hold.

• Immediate Support: The first support level is at $0.21, with a much stronger floor at $0.194.
• Invalidation Point: A daily close below $0.194 would invalidate the current bullish setup and expose Pi Coin to a deeper correction, potentially toward $0.153.

For now, momentum indicators and retail inflows suggest this Pi Coin price bounce still has life, but its survival depends on holding above $0.243 and decisively breaking $0.255.