PI loses key support. Where will buyers return?<\/p>\n
PI Network (PI) Price Predictions: Analysis<\/h2>\n
Key support levels: $0.15, $0.13<\/p>\n
Key resistance levels: $0.16, $0.20<\/p>\n
PI Loses Key Support as Sellers Return<\/h3>\n
Since late last week, selling has intensified, which put pressure on the $0.16 support until this level could not hold any longer and broke. Because of this, it is now acting as a key resistance.<\/p>\n
This breakdown could be interpreted as a resumption of the macro downtrend after a long pause that started in February when the price began to move sideways. To confirm the downtrend, the price will need to make a lower low under $0.13.<\/p>\n Since PI lost support at $0.16, bears drove the price down to $0.15. Here, buyers appear to make a stand, but their conviction appears weak considering the low buy volume.<\/p>\n If buyers are unable to reverse this price action soon, then this cryptocurrency will likely test the all-time low at $0.13. A re-test of that level would be a bearish signal that could encourage sellers to push the price even lower.<\/p>\n Due to nonstop selling over the past five days, the daily RSI fell below 30 and entered the oversold area. This could explain why buyers may be interested here since a bounce is likely.<\/p>\n Sellers may need a break before they resume their pressure, which can give an opening for buyers to push back. However, any bounce may be short-lived, and a test of the key $0.13 support remains likely.<\/p>\nBears Take Over the Price Action<\/h3>\n
![\"pi_price_chart_2005262\"](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/pi_price_chart_2005261.jpg\")
Daily RSI Enters Oversold Area<\/h3>\n