Pi Coin (PI) is trading at $0.4470, near its all-time low of $0.44, based on daily chart data from OKX. The token has failed to recover since its sharp breakdown in June and continues to trade below key resistance zones.

The current trend shows prolonged downward pressure. Lower highs and lower lows have formed since the mid-May peak. No bullish reversal patterns are visible. The price remains flat and compressed in a narrow range, indicating ongoing weakness.

Price action suggests that any upward momentum is being rejected early, keeping PI in a heavy downtrend. Without a breakout above historical resistance near $0.52, the chart structure remains bearish.
Pi Coin Forms Bearish Triangle as EMA and Volume Confirm Weakness
On July 20, 2025, Pi Coin (PI/USDT) formed a clear bearish triangle pattern on the daily chart. The price stands at $0.4470, trading just above its all-time low of $0.44. This technical setup shows increasing pressure from sellers and signals a possible breakdown.

A bearish triangle pattern appears when the price creates a flat support line—here around $0.44—while the highs gradually get lower. This pattern shows that sellers are pushing down the price step by step, and buyers are unable to reverse the trend. If the price falls below the support line, the breakdown is usually followed by a sharp decline.

Right now, the triangle is tightening. If the support breaks, the expected move could be around 19% down from the current level. That would bring the price close to $0.36 in the next leg lower.
The 50-day EMA sits at $0.5441, well above the current price. This shows that Pi Coin has been in a long-term downtrend. The price has not touched or crossed the EMA since early June, confirming ongoing weakness.
At the same time, volume is fading. There are no large buying spikes, and the recent candles have appeared with lower and lower volume. This low volume during sideways movement shows a lack of interest from buyers. If a breakdown happens with rising volume, it could trigger a stronger fall.
Overall, the chart shows a bearish structure. The triangle pattern, price staying below the 50 EMA, and declining volume all point to weakness ahead. If Pi Coin loses the $0.44 support, it may head toward the $0.36 level.
DMI Chart Signals Weak Trend Strength for Pi Coin
The Directional Movement Index (DMI) for Pi Coin, as shown on July 20, 2025, displays signals of trend weakening and market indecision.

This indicator consists of three lines:
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+DI (orange) – measures bullish strength.
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–DI (blue) – measures bearish strength.
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ADX (red) – measures overall trend strength, whether up or down.
As of now:

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+DI is 18.14
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–DI is 15.39
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ADX is 18.94
Here’s what it means:
The +DI is slightly above –DI, showing that buyers are a bit stronger than sellers. However, the difference between them is small, so the buying pressure is not convincing. They have also crossed back and forth several times in recent days, suggesting that neither side has clear control.
The ADX line stays below 20, which signals a very weak trend. This usually means the market is moving sideways without clear direction. An ADX under 20 shows low momentum, and this matches with the flat price action seen on the chart.
Even though buyers currently lead slightly, the lack of trend strength makes it unlikely to see a breakout unless ADX starts to climb above 25. Until that happens, the current move lacks power, and price may continue to drift in a tight range or fall lower if sellers regain control.
Pi Coin RSI Shows Weak Strength as Bears Hold Ground
The Relative Strength Index (RSI) chart for Pi Coin, dated July 20, 2025, shows an RSI value of 52.47, slightly above the neutral 50 level. This means buyers have a small upper hand, but not enough to show strong momentum.

The yellow line is the RSI-based moving average, which currently stands at 48.12. The RSI line has just crossed above this average, a signal that often hints at possible upward momentum. However, this signal remains weak because the overall RSI trend has been choppy and mostly range-bound between 30 and 60.
For several weeks, the RSI has failed to stay above 60, showing that each bounce fades before reaching overbought conditions. On the downside, Pi Coin has dipped below 30 only once, suggesting that sellers are active but not fully dominant.
Right now, the RSI sits in a fragile zone. It is not showing strength, but it also hasn’t flipped bearish. If the RSI drops back below 50 in the coming sessions, it may confirm that the current attempt to rally is fading. Without a push above 60, Pi Coin is likely to remain under pressure.
Pi Coin MACD Shows Weak Momentum Near Zero Line
The MACD chart for Pi Coin, dated July 20, 2025, shows the indicator hovering close to the zero line, with the following values:
These numbers show that the MACD line has slightly crossed above the signal line, creating a minor bullish crossover. However, the values are too close to zero to suggest strong momentum.

The histogram bars are small and fading, which signals that bullish momentum is weak and not increasing. This often happens during sideways price action or just before a larger move begins.
Earlier in July, the MACD showed larger green and red bars—indicating stronger price swings. In contrast, recent bars are flat, and the crossover appears soft, showing hesitation in both directions.
Unless the MACD rises clearly above zero with growing histogram bars, this weak crossover may not hold. The chart suggests that buyers are attempting to regain control, but the overall market still lacks direction and strength.