Pi Network price is forming short-term support around $0.20, but continued selling pressure could push the token toward a new all-time low near $0.15. The daily Relative Strength Index (RSI) is deeply oversold, and Volume Delta shows selling dominance. However, a rebound to $0.25–$0.30 is possible if the $0.20 level holds and trading volume picks up.
PI Network Price Technical Analysis
Pi Network (PI) price continues to extend its downtrend, having recently dropped below the key $0.25 level. Selling pressure intensified on October 10 amid the broader market bloodbath triggered by renewed trade tensions. The token plunged nearly 12% that day.
PI has now fallen to the $0.20 zone, where it appears to be establishing a short-term support base. The daily RSI remains deeply oversold, while Volume Delta data indicates that selling pressure continues to dominate, with no clear signs of accumulation emerging yet.
If the $0.20 support holds, a technical rebound toward $0.25–$0.30 could materialize, especially if accompanied by rising volume. However, failure to defend this level could open the door to new lows toward $0.15.
Pi Network Team Advancements
Despite the ongoing Pi Network price decline, the Pi Core Team has been advancing the network’s ecosystem. On October 2, they launched Pi DEX on the Testnet, introducing AMM liquidity pools, token creation tools, and full DeFi functionality for Pioneers and developers to explore.
The reason it’s only on Testnet, according to the team, is to “educate Pioneers, refine projects safely, and prepare for Mainnet DeFi with real Pi.”