Pi Coin Price Shows Signs of a Potential Bottom as Traders Eye Key Resistance Levels

Pi Coin is flashing early signs of strength after weeks of losses, with technical indicators hinting that a rebound might be in the making.

Pi Coin has been on a bumpy ride, shedding around 8% in the past week alone. Its price is hovering near $0.35, where it seems to be building a floor. That’s the level many traders are now watching.

The 12-hour chart tells an interesting story. A bullish divergence between price and the Relative Strength Index (RSI) suggests buyers are quietly stepping back in. For momentum to truly flip, though, Pi needs to push above $0.37 and $0.38. A stronger confirmation level sits at $0.40, a zone that could bring in more aggressive buying.

One warning sign remains. If Pi slips below $0.33, the fragile setup breaks, and fresh lows could quickly follow.

Technical Crossovers Spark Attention

On shorter timeframes, Pi Coin is giving traders reasons to be hopeful. The 1-hour chart shows a bullish crossover, with the 20-period Exponential Moving Average (EMA) crossing above the 50-period EMA.

That shift provided enough fuel to push Pi back toward $0.37. It also acted as a support cushion during the last session, preventing another leg down.

For day traders, these quick EMA flips are often the first signs of changing market mood. And while a single crossover isn’t enough to call a trend reversal, it helps strengthen the case for a bottoming process.

Why $0.37–$0.40 Zone Matters

The current price levels carry weight. Historically, Pi Coin has struggled to hold ground once it fell under $0.40. That makes this area a battleground for buyers and sellers.

• Above $0.37, buyers gain momentum.

• Above $0.38, conviction strengthens.

• Above $0.40, the short-term trend shifts bullish.

This layered resistance means Pi needs steady follow-through buying, not just quick spikes. Sustained volume is what separates a temporary bounce from a real trend reversal.

Market Sentiment Still Fragile

The broader crypto market has been mixed, with Bitcoin swinging around $26,000 and Ethereum stuck near $1,700. Altcoins like Pi remain more vulnerable in these uncertain conditions.

Traders are cautious. Many are wary of false breakouts that have plagued altcoins over the past months. That explains why Pi’s divergence with RSI feels promising but not yet decisive.

A quick snapshot of the market shows just how Pi fits into the current landscape:

This table underlines that Pi is underperforming compared to majors, but its technical structure may now offer a relative advantage if buyers step in.

Traders Split on What Comes Next

Some analysts argue Pi Coin’s support at $0.35 marks the beginning of a recovery, pointing to previous patterns where similar divergences preceded rallies.

Others remain sceptical. They believe Pi still lacks strong market depth and that any rally could fizzle quickly. For them, $0.40 is less a breakout level and more a test that Pi has repeatedly failed to pass.

The next few sessions could prove critical. If Pi holds above $0.35 while nudging toward $0.38, sentiment may turn more positive. A failure here, however, risks re-testing the $0.30 region, which would put bulls back on the defensive.