Pi Network (PI) is showing renewed weakness as bullish volume fades across key support zones, raising the risk of a deeper correction toward the $0.20 value-area low. While the token has managed to hold near the $0.22 Point of Control (POC), weakening demand and rising liquidity under support suggest that buyers are losing control.
Fading Bullish Volume Signals Early Weakness
Pi Network briefly stabilized above the $0.22 POC, but unlike previous rebounds which were supported by strong buying the latest retest has revealed noticeably weaker volume. This is one of the clearest early warnings that market momentum is shifting.
Adding to the concern, nearly 190 million PI tokens are expected to unlock soon. Traders fear that this supply increase could accelerate downside pressure, especially as the market structure softens.
Liquidity Builds Beneath Support A Sweep Toward $0.20 Likely
Even though Pi Network has printed a series of higher lows around the POC, this pattern is not showing true strength. Instead, it reflects liquidity buildup beneath the level a classic setup for a downward wick or liquidity sweep.
When liquidity pools form below support, markets often dip into these zones before forming any meaningful reversal.
For PI, that sweep would target:
- $0.22 → first support
- $0.20 → major value-area low and next strong demand zone
A drop to $0.20 would be a natural technical move to reset structure before any potential recovery.
A Rebound Toward $0.25 Is Still Possible But Only After a Dip
If Pi Network does break below $0.22, the next key level is the $0.20 support, which aligns with the lower boundary of the current trading range.
A strong defense of $0.20 could:
- Reset short-term structure
- Allow PI to reclaim $0.22
- Potentially initiate a rotation back toward $0.25, the upper range resistance
Holding the POC at $0.22 remains crucial. If buyers successfully defend it, the current range can remain intact but weakening momentum makes this uncertain.
Ecosystem News Still Not Influencing Price
Pi Network’s recent investment in CiDi Games signals continued ecosystem expansion, but the development has yet to affect short-term price dynamics. For now, technical factors and volume behavior remain the dominant drivers.
What to Expect Next
PI’s next move hinges on whether bullish volume returns:
- If demand stays weak:
A liquidity sweep below $0.22 and a retest of $0.20 is the most likely outcome. - If buyers step in at $0.20:
The price could rebound back toward $0.22, and potentially $0.25.
Pi Network faces a critical short-term moment lose $0.22, and a test of $0.20 becomes increasingly probable.
