17 Dec
17Dec

The Pi Network token continues its downward trajectory, characterized by a slow, controlled decline rather than a sudden market crash. Recent price action on the 4-hour chart reveals a market struggling to find its footing, with buyers remaining largely inactive.


Market Sentiment: Slow Bleed over Sharp Drop

Unlike high-volatility sell-offs driven by panic, Pi’s current decline is marked by compressed price action and low demand. Sellers maintain control, but the lack of aggressive volume suggests a "grind lower" rather than a total capitulation. Key observations include:

  • Persistent Lower Highs: Since peaking near $0.28 in late November, every attempt at a recovery has stalled at a lower level than the last.
  • Failed Support Reclaims: Previous support levels have now flipped into formidable resistance zones, capping any potential relief rallies.
  • Range-Bound Weakness: The token is currently testing price levels not seen since October.

Momentum Indicators Paint a Lean Picture

Technical indicators suggest that while the asset is nearing "oversold" territory, there is no immediate sign of a reversal:

  • RSI (Relative Strength Index): Currently sitting in the low-to-mid 30s. While technically low, the lack of "bullish divergence" indicates that buyers aren't yet ready to step in.
  • MACD (Moving Average Convergence Divergence): Both signal lines remain below zero. Previous attempts to flip positive were brief and lacked follow-through, confirming that the bearish bias remains the dominant force.

The Road Ahead: What to Watch

For a trend reversal to occur, the Pi Network must demonstrate a structural shift. This would require a significant increase in trading volume and a decisive move to reclaim and hold prior breakdown zones. Until the RSI moves out of its suppressed state and the MACD clears the neutral line, the outlook remains skewed toward further consolidation or continued downside.

December 2025, Cryptoniteuae

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