Pi Network (PI) Price Prediction for August 11, 2025
The post Pi Network (PI) Price Prediction for August 11, 2025 appeared on BitcoinEthereumNews.com.
The Pi coin price today is trading near $0.413, down over 4% on the day after a sharp rejection from the $0.46 resistance zone. This area coincides with a 4-hour supply block and the upper Bollinger Band, creating strong overhead pressure. The pullback comes after a multi-day rally from the $0.326 low, where buyers staged an aggressive breakout through short-term resistance. What’s Happening With Pi Coin’s Price? On the daily chart, PI remains in a broader downtrend, with descending trendline resistance still capping upside since May. The recent rally broke above the short-term dynamic levels but stalled precisely at the confluence of the $0.46 supply zone and the daily EMA cluster. The On-Balance Volume (OBV) remains near multi-month lows, suggesting that despite the price spike, broader accumulation is still weak. On the 4-hour chart, the rally pushed price above the 20 EMA ($0.391) and 50 EMA ($0.384), but sellers defended the 200 EMA at $0.4287. The rejection has sent PI back toward the mid-Bollinger Band ($0.4402), which now acts as immediate resistance. Why Pi Coin Price Going Down Today? The main reason Pi coin price is under pressure today is the heavy supply concentration between $0.455 and $0.465, highlighted on the Smart Money Concepts chart. This zone has triggered previous breakdowns, and the latest attempt was met with strong sell orders, confirming it as a significant short-term ceiling. The Supertrend indicator on the 4-hour timeframe remains bearish, with the trend flip level at $0.3846. While the recent rally briefly challenged this zone, sellers quickly regained control. Directional Movement Index (DMI) readings show -DI at 45.52 and +DI at 39.07, with ADX at 7.57, indicating that bearish momentum is still dominant but trend strength is relatively weak. On the 30-minute chart, RSI has dropped to 41.58, signaling a loss of bullish…
Filed under: News - @ August 10, 2025 8:27 am