Pi Network (PI) is under heavy pressure, down more than 9% in the last 24 hours and 29% over the past week. Its market cap has dropped to $5.5 billion, a sharp fall from its $19 billion peak at the end of February.

Technical indicators show sellers are in full control, with no strong signs of momentum returning yet. As PI tests key support levels, the coming days could be critical in determining whether it stabilizes—or continues its slide.

Pi Network DMI Shows Sellers Are In Full Control

Pi Network’s DMI chart shows that its ADX has climbed to 34.99 from 25.1 just a day ago, signaling a strong increase in trend strength. The ADX, or Average Directional Index, measures the intensity of a trend without indicating its direction.

Values above 25 suggest a strong trend is forming, and readings over 30 confirm it. With ADX now nearing 35, Pi Network is firmly in trending territory—but it’s important to identify the direction of that trend.

Currently, the -DI (Directional Indicator for bearish pressure) has risen to 31.55 from 25.31, while the +DI (bullish pressure) has dropped to 9 from 15.59. This widening gap between the two confirms that the downtrend is strengthening, as an analyst recently reviewed why PI wasn’t listed on Binance and Coinbase.

Despite the sharp rise in trend strength shown by the ADX, the declining +DI and rising -DI indicate sellers remain in full control. Unless the trend reverses soon, Pi Network could continue to face further downside pressure in the short term.

PI Lacks a Strong Momentum

Pi Network’s Chaikin Money Flow (CMF) is currently at -0.23, a notable drop from 0 just two days ago. The CMF is a volume-weighted indicator that measures buying and selling pressure over a set period, typically 20 or 21 days.

Values above 0 suggest accumulation (buying pressure), while values below 0 indicate distribution (selling pressure). The further from zero, the stronger the pressure in that direction.

With a reading of -0.23, Pi Network’s CMF is at its lowest level ever, showing heavy and persistent outflows. Notably, the indicator hasn’t turned positive since March 15—nearly 15 days ago—highlighting sustained selling activity.

This deep negative value signals a strong bearish bias, suggesting that capital is consistently leaving the market. Unless CMF begins to recover, the ongoing distribution phase could continue to weigh on Pi Network’s price.

Can Pi Network Drop Below $0.70 Soon?

Pi Network price chart shows a critical support level at $0.718, which has held the price up in recent sessions.

If this level is lost, it could trigger a sharper drop toward $0.62, marking the lowest price since February 21.

On the flip side, if Pi Network manages to reverse its trend and regain momentum, the first key resistance to watch is at $1.05. A breakout above that could open the path toward $1.23, and if bullish sentiment returns, the price could climb as high as $1.79.

That would represent a potential 54% upside from current levels, but it would require a strong shift in momentum and renewed market hype.

Bitcoin price remained supported above the $85,500 zone. BTC is now rising and might aim for a move above the $88,000 resistance zone.

• Bitcoin started a fresh recovery wave above the $87,000 zone.
• The price is trading above $87,000 and the 100 hourly Simple moving average.
• There is a key bearish trend line forming with resistance at $88,200 on the hourly chart of the BTC/USD pair (data feed from Kraken).
• The pair could start another increase if it clears the $88,000 and $88,200 levels.

Bitcoin Price Remains Supported

Bitcoin price remained stable above the $85,500 level. BTC formed a base and recently started a recovery wave above the $86,200 resistance level.

The bulls pushed the price above the $87,000 resistance level. There was a decent upward move and the price was able to clear the 50% Fib retracement level of the recent downside correction from the $88,259 swing high to the $85,853 swing low.

Bitcoin price is now trading above $86,500 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $87,700 level and the 76.4% Fib retracement level of the recent downside correction from the $88,259 swing high to the $85,853 swing low.

The first key resistance is near the $88,000 level. The next key resistance could be $88,200. There is also a key bearish trend line forming with resistance at $88,200 on the hourly chart of the BTC/USD pair.

A close above the $88,200 resistance might send the price further higher. In the stated case, the price could rise and test the $89,500 resistance level. Any more gains might send the price toward the $90,000 level or even $90,500.

Another Drop In BTC?

If Bitcoin fails to rise above the $88,200 resistance zone, it could start a fresh decline. Immediate support on the downside is near the $87,000 level. The first major support is near the $86,500 level.

The next support is now near the $85,500 zone. Any more losses might send the price toward the $85,000 support in the near term. The main support sits at $84,500.

Technical indicators:

Hourly MACD – The MACD is now gaining pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.

Major Support Levels – $87,000, followed by $86,500.

Major Resistance Levels – $88,000 and $88,200.

Base altcoins are gaining traction this week, and three standout projects to watch are B3, CLANKER, and VIRTUAL. B3 leads the gaming narrative on Base, while CLANKER serves as a key launchpad for new meme coins.

Meanwhile, VIRTUAL remains one of the most prominent AI-focused tokens in the ecosystem despite its recent correction. Each of these tokens sits at a pivotal level, with potential for sharp moves.

B3

B3 is a gaming-focused project built by former Base team members. It brands itself as an “Open Gaming Layer-3”.

With a current market cap of $127 million, B3 has been attracting attention as one of the leading gaming tokens on Base chain and could see increased attention as the ecosystem continues to expand.

If momentum returns, B3 could push toward the resistance at $0.0064, with a breakout potentially sending it up to $0.0084.

However, if the market turns bearish, the token could revisit support at $0.0055 and $0.0052, with a deeper drop possibly taking it down to $0.0045.

tokenbot (CLANKER)

CLANKER, a launchpad for Base altcoins, is down 7.7% over the last seven days. Its market cap is now $63 million.

Like Pumpfun, it focuses on meme coin creation but within a different ecosystem.

The EMA lines suggest CLANKER is in a consolidation phase, awaiting a breakout. If an uptrend takes hold, the token could test resistance at $67.77, with potential upside toward $75 and even $78.5—its highest level since March 10.

However, if momentum fades, support lies at $60.37, and breaking below that could drag CLANKER down to $56.79 or $50.98.

Virtuals Protocol (VIRTUAL)

VIRTUAL is one of the top crypto AI agent tokens and was once the largest AI coin in the market, reaching a market cap of $4.5 billion.

Now sitting at $523 million, the token has dropped 28% over the last 30 days, reflecting the broader cooldown in the AI sector. Despite that correction, VIRTUAL remains one of the most relevant Base altcoins in the market.

If momentum returns to AI-focused projects, VIRTUAL could be a key beneficiary. It has the potential to test resistance at $0.97. A breakout above that could lead to further upside toward $1.24 and even $1.49.

However, if the correction deepens, the token may revisit support at $0.64—and breaking that level could send it down to $0.51.