Pi coin price prediction: $0.401 resistance becomes a lifeline, breaking through may trigger a significant market movement.

Pi Network (PI) has recently been stuck near a key resistance level, with the price unable to break through the $0.401 barrier, and market sentiment is gradually cooling. Although capital inflow is still ongoing, investors' patience is being tested. Analysis indicates that whether this price level is broken or not may determine the direction of the next major trend for Pi coin.

Price is facing resistance, market sentiment has dropped to a four-month low

(Source: Santiment)

As of the writing of this article, the price of PI coin is approximately 0.383 USD, with multiple attempts to break through the 0.401 USD resistance level unsuccessful.

In the past 24 hours, market sentiment has dropped to a four-month low, reflecting the growing disappointment among retail investors over the stagnation of the uptrend.

However, on-chain data from Santiment shows that despite the gloomy sentiment, speculative buying is still ongoing, with the Chaikin Money Flow (CMF) indicator remaining above zero, indicating that the inflow of funds is still higher than the outflow.

Technical Analysis: 0.401 USD resistance and 0.362 USD support

(Source: Trading View)

From a technical analysis perspective, the PI coin is still in a downtrend, with $0.401 being the current most direct resistance level.

If the daily closing price cannot break through that price level, Pi coin may continue to consolidate within the range.

Once the selling pressure intensifies, $0.362 will become the next key support level.

If it falls below 0.362 USD, it may trigger a larger decline and further strengthen bear sentiment.

potential upward space for breakout

Although the short-term trend is under pressure, the outlook is not entirely pessimistic.

If the PI coin can effectively break through 0.401 USD and convert it into a support level, the market structure will undergo a significant transformation, potentially opening up upward space towards 0.440 USD.

This will not only invalidate the current bearish pattern, but may also reignite the bullish confidence waiting for a trend reversal.

Investor Focus Points

In the short term, the trend of the PI coin will depend on whether it can attract enough buying pressure to break through the resistance level.

Investors should pay close attention to:

Price reaction near 0.401 dollars.

Changes in the overall cryptocurrency market's risk appetite.

The dynamics of on-chain capital inflow and trading volume.

If market sentiment fully recovers, the PI coin is expected to end its consolidation phase and regain bullish momentum.

Conclusion

Pi coin is at a critical crossroads, and whether it breaks through the 0.401 dollar resistance level will directly impact the direction of the next wave of market movement. For traders, this presents both a risk and an opportunity. A breakout means that upward potential opens up, while a failure to hold could trigger a new round of decline. The next few days will be a key moment to observe whether Pi coin can shake off consolidation and welcome a significant market movement.