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Pi Network’s token just had a rough week. Down 10% in seven days, the price has collapsed to the $0.13 support level — a zone traders are now watching like hawks.
The move isn’t pretty. Sellers have been in charge for eight straight candle sessions on the 3-day chart, grinding the price down roughly 30% since $0.16 gave way. That breakdown was the trigger. Once $0.16 flipped from support to resistance, the selling accelerated and basically didn’t stop. Now the token sits at $0.13, which is the lowest point it’s hit recently, and the market is stuck in a standoff. Buyers aren’t really showing up yet. Sellers haven’t fully exhausted themselves either. So the whole thing just kind of hangs there, waiting.
$0.13 is the line right now.
RSI Drops Below 30, Sellers Still in Control
The daily Relative Strength Index has fallen into oversold territory — currently sitting around 25 points, well below the 30 threshold that typically gets traders’ attention. An RSI that low can mean two things depending on who you ask. On one hand, it signals aggressive, sustained selling. On the other, it’s the kind of reading that sometimes precedes a bounce, because markets can’t stay oversold forever. But there’s no clear reversal signal right now. The RSI is just sitting there at 25, with no obvious momentum shift in sight.
That’s the uncomfortable part. Oversold doesn’t mean bottomed. It means selling has been intense and probably extended — but the market can stay oversold longer than most traders expect, especially when sentiment is this negative. And right now, sentiment for Pi Network is pretty much as bearish as it gets.
The eight consecutive red candles on the 3-day chart aren’t subtle. That’s a long stretch of consistent seller dominance, and it’s the kind of price action that tends to keep buyers on the sidelines. Why step in front of a freight train?
What Happens If $0.13 Breaks
If $0.13 holds, there’s a case for a short-term relief rally. Oversold RSI, extended sell-off, possible exhaustion — the ingredients for a bounce exist. Buyers could re-enter, shorts could cover, and the price might stabilize or push slightly higher. That’s the bull case, and it’s not crazy.
But if $0.13 flips to resistance instead of holding as support, things get worse fast. The next significant level traders are watching is $0.10. That’s a clean 23% drop from current prices, and it becomes the target if sellers stay in control. At $0.10, Pi Network would be looking at a total decline of roughly 37% from the $0.16 level that gave way earlier. Not a small number.
The market’s reaction at $0.13 is basically the whole story right now. Either it holds and buyers get a foothold, or it breaks and $0.10 becomes the next magnet. There’s not a lot of middle ground.
What makes it harder is that there’s no obvious catalyst on the horizon to shift sentiment. No clear reversal signal in the technicals, no obvious buying pressure stepping in. The token is just grinding lower, session after session, and the chart keeps painting the same picture — more red, more downward pressure, more caution from anyone thinking about buying.
Traders who are watching this closely are probably focused on two things: whether the RSI starts to curl upward from that 25-point level, and whether price action at $0.13 starts to show any signs of absorption — meaning sellers hitting bids without the price continuing to fall. Either of those would be an early hint that the selling is slowing down.
But right now? Neither is happening. The aggressive sell-off that started when $0.16 broke has been characterized by consistent downward pressure, reflected in that extended series of red candles. The market is still dealing with bearish forces, and the $0.13 level is under real stress.
If $0.10 comes into play, that becomes the next focal point. It’s a psychologically significant number, a round figure, and probably where the next wave of buyers would start to get interested — assuming the broader market doesn’t deteriorate further at the same time.
The RSI sits at 25 points, the price sits at $0.13, and the next candle close matters a lot.
Frequently Asked Questions
What is the current key support level for Pi Network’s token?
The current key support level is $0.13, which is the lowest price the token has hit recently. A break below it could push the price toward the next target at $0.10.
What does Pi Network’s RSI reading of 25 mean for traders?
An RSI of 25 is in oversold territory, below the 30 threshold, which can signal aggressive selling. It sometimes precedes a bounce or relief rally, but no reversal signal has appeared yet.
