The price movement of Pi Coin is shrouded in mystery. This is a nearly 70% decrease compared to the previous year. It has fallen 22.8% in the past month and is 3.7% away from its all-time low. In the past 7 days, Pi Coin price is still down 1.2%.
However, there are green signs in today’s 1.7% gain. The problem is that every time Pi Coin rises, it fails to maintain its gains, causing short-term spikes rather than sustained recoveries. A similar short-term recovery could form again, but this time the divergence in capital flows shows the real tug of war is between retailers and institutional investors.
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Retail industry buys on the spur of the moment, big money retreats
On-chain indicators tell a story divided between small and large holders.
The Money Flow Index (MFI), which measures buying and selling pressure by combining both price and volume data, has been rising. This means that retail traders are buying the dip and showing interest, even though the price of Pi Coin remains near historic lows.
To further strengthen retail strength, MFI needs to exceed 59, one of the early regional highs.
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In contrast, Chaikin Money Flow (CMF) is a tool that tracks how much capital is flowing into or out of an asset based on where the price ends within a daily range, with a downward trend. It’s still above zero, so big money hasn’t completely flowed out, but it’s cutting back from its highs, indicating that institutional investor inflows are cooling off.
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This discrepancy is the key. Individual investors are showing optimism, but financial institutions are cautious. When the MFI and CMF move in opposite directions, it often indicates that a rally attempt may lack the strong support needed to sustain itself. In other words, the pi calculation still doesn’t add up. Energy exists, but capital does not.
Short-term Pi coin price chart shows signs of strength
To track Pi Coin’s short-term movement, the 4-hour chart will give you a clearer indication of its immediate momentum. Unlike daily charts, which emphasize broader movements, the 4-hour setting shows how traders are reacting in real time.
Here, Pi is trading within an ascending triangle (guided by an uptrend line acting as support), a pattern that typically indicates accumulation before a breakout. The Bull Bear Power (BBP) indicator, which measures whether buyers or sellers have the upper hand, has changed from red to green since October 2, confirming that short-term momentum is trending bullish.
The important level to focus on is obvious. $0.272 is the immediate resistance zone. If the 4-hour candlestick closes above $0.272-$0.278, new strength will be confirmed and Pi could move higher towards $0.291.
However, a decline below $0.258 will break the short-term structure and send PI price back into bearish territory.
For now, Pi Coin’s chart looks cautiously optimistic, but only if both sides of the market – retailers and institutional investors – decide to weigh in on the same side of the equation.
