Pi Network’s token continues to hover around the key $0.21 level, a significant technical area that has acted as both support and resistance, with mixed signals suggesting possible accumulation but persistent bearish pressures keeping the price range-bound.
Pi Coin (PI) is trading around the $0.21 level — a critical reference point for the token’s recent price action. This area has repeatedly acted as both a ceiling and a floor, and market participants are closely watching how price interacts with it, as it may influence the next major move.
In recent sessions, PI has shown sideways price behavior with limited breakout strength. While overall momentum has been weak, on-chain indicators of money flow suggest that capital is gradually returning, with buyers stepping in on dips. This pattern can signal early accumulation, which often precedes larger price moves if confirmed by further bullish activity.
$0.21 remains a make-or-break price level
The $0.21 zone’s importance is underscored by historical reactions: when Pi previously broke above it in late October, the price rallied by roughly 42 %, while losing the level in December triggered an 11 % correction. These reactions help explain why traders consider this price area pivotal.
From a technical perspective, reclaiming and holding above $0.21 with a clear daily close could set up the next target near $0.24, aligned with a 0.618 Fibonacci resistance — implying a potential ~21 % upside from current ranges. However, failure to break and sustain above this range risks continued consolidation or a move toward lower support levels around $0.19 or even $0.15 if buying pressure weakens.
At present, Pi Coin’s price action reflects a tug-of-war between improving money flows and lingering bearish sentiment. The key $0.21 level remains central: a decisive breakout above it could signal renewed upward momentum, while repeated rejection may keep the token stuck in its current range.
