Pi Coin trading volume is starting to recover from meager levels as PI trades near the $0.20–$0.21 zone, testing key support around $0.1952 on the daily chart.
Summary
- Pi Coin is trading around $0.21, just above the major support at $0.1952, the October-December low that anchors the current double bottom structure.
- 24-hour trading volume has risen from low levels, with recent data showing a rise of around 30% to around $16 million, as traders pare previous weakness.
- The technicals show a bullish divergence with rising PPO and RSI, but a clean break below $0.1952 would negate the rebound setup and create room for lower support.
Pi Coin trading volumes rose significantly as the token reached a key support level, according to market data, with the cryptocurrency showing signs of recovery after a decline in 2025.
The token posted gains last week as the broader cryptocurrency market showed signs of potential recovery in 2026, according to price data.
Pi Coin (PI) saw significant declines in 2025 after launching its public mainnet in February. Market observers noted that the token may be approaching a price bottom, although the exact timing remains uncertain.
Data from CoinCodex shows that Pi Coin trading volumes have increased significantly since the beginning of the year.
Pi Coin trading at higher levels
Technical analysis of the daily chart shows that investors have gathered PI at a key support level multiple times, indicating that this level represents a significant price floor for the token according to market analysts.
According to technical indicators, the Relative Strength Index briefly moved above the midline, indicating positive momentum.
If the token rebounds from current levels, analysts identified a nearby horizontal resistance level coinciding with the 200-day exponential moving average as a potential target. The price action follows a breakout from a declining price channel, according to chart patterns.
Market analysts noted that early-stage cryptocurrency projects have historically delivered higher returns for investors who take positions during the initial stages of development.
Pi Coin’s price movements come as the cryptocurrency market tries to recover from the losses suffered in previous periods. Trading data shows that there is increased investor interest at current price levels.
