Pi Coin Price increased by 2.18% in the last day and is negotiated about $ 0.6055. It looks like a positive decision, but the situation as a whole is always uncertain. The price failed to get out of its tight range convincingly.
Yesterday we mentioned that $ 0.59 was the level to watch, and it resisted. The price has rebounded a little from there, but most indicators are still showing weak momentum. So far, buyers have not intensified in a way that changes the general trend.
Where is the price of the PI room now
Pi Coin has managed to stay above $ 0.60 for now. On the daily graphic, the price broke out above a long-standing trend line at the end of April. But instead of pushing higher, he entered a phase of lateral consolidation. This indicates hesitation on the market.
The price of the PI room is blocked in a tight fork, with $ 0.59 acting as a short -term support and $ 0.65 as a resistance nearby. A decisive movement in both directions will be necessary to confirm the next trend. The market has not shown a strong volume to support a break or a breakdown.
The largest trend from March to April has been lower, with lower ups and lower stockings. Although this trend has been broken, the lack of strong follow -ups suggests that the bulls are always cautious.
Key technical signals
Most key indicators remain on the bearish side. The RSI is 40.93, which shows a weak momentum and is still below the neutral brand at 50. The MacD is negative at -0.045, confirming that the momentum has not yet reversed.
The CCI can be read -75,83, which leans Bearish but is not deeply occurring. The ultimate oscillator is 45.58, still under line 50, which signals a lack of strength from the buyer. The variation rate is -4.825 and the bull / bear power is negative at -0.0401, which indicates that the bearish pressure is always present.
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| Indicator | Value | Interpretation |
| RSI (14) | 40.93 | Low momentum, below 50 = bearish |
| MacD | -0.045 | Momentum lowering, below the signal line |
| ICC | -75.83 | Below zero, leaning tilted |
| Ultimate oscillator | 45.58 | Below 50, low interest from the buyer |
| Rock | -4.825 | Momentum negative, drop in prices |
| Bull / Bear Power | -0.0401 | Slight downward domination |
Pi Pion Price predicted for May 4
If the price breaks down below the $ 0.59 level, sellers can try to push it to $ 0.583 or even lower. This would align with the signals of the current indicator, which all reflect weak momentum and lower control.
On the other hand, if Pi Coin Price holds more than $ 0.60 And manages to unravel $ 0.65 with a volume, a short -term rally to $ 0.70 could start to build. However, this scenario requires a stronger starter, a MacD crossover and an RSI movement above 50.
Until one of these scenarios takes place, Pi Coin remains in a consolidation area without clear direction. Merchants are likely to wait a break before entering more important positions.
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