Pi Network (PI) Price Prediction for August 11
Main Idea
Pi Network (PI) price is currently trading at $0.413, facing resistance at $0.46, with short-term volatility expected due to technical indicators and liquidity zones.
Key Points
1. Pi coin price is trading near $0.413, down over 4% after rejection from the $0.46 resistance zone.
2. The $0.46 zone coincides with a 4-hour supply block and upper Bollinger Band, creating strong overhead pressure.
3. Technical indicators like the Supertrend and DMI show bearish signals, with RSI at 41.58 indicating a bearish bias.
4. A break below $0.405 could expose lower support levels at $0.39 and $0.3846, while reclaiming $0.44 could lead to a retest of $0.455–$0.465.
5. Liquidity mapping shows a void below $0.405, making $0.39 a likely target if support breaks.
Description
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? Pi Network price dynamics (Source: TradingView) On the daily chart, PI remains in a...
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