On Could 21, 2025, the 5-hour chart of Pi Coin paired with Tether (PIUSDT) revealed a 5.54% decline over 5 candlesticks. The transfer adopted a short-lived breakout that failed to carry its positive factors above the $0.82 degree.

Trading quantity spiked to 72.51 million throughout the retracement, marking probably the most energetic promote classes of the day. On the similar time, the Relative Power Index (RSI), a momentum oscillator, dropped from overbought territory and now reads 57.52. This shift indicators weakening bullish energy.

In the meantime, the 50-period Exponential Transferring Common (EMA) sits close to $0.7584, offering dynamic help. Pi Coin bounced from this EMA earlier throughout its ascent, displaying merchants are watching it intently for additional price reactions.

The amount bars under present declining curiosity throughout the current pullback, hinting that promoting strain could also be cooling. Nonetheless, except the price breaks above the short-term resistance, restoration stays unsure.

Pi Community Decouples From Bitcoin as Bearish Indicators Strengthen

In the meantime, Pi Community’s hyperlink to Bitcoin has weakened sharply. The correlation between the 2 property now stands at -0.16, in response to TradingView knowledge. This destructive studying implies that Pi Community not strikes in sync with Bitcoin. Whereas Bitcoin’s price holds regular close to $106,000 and eyes a attainable all-time excessive, Pi Community is failing to observe.

Historically, altcoins akin to Pi Community rise when Bitcoin positive factors momentum. This correlation usually helps smaller property entice curiosity throughout bullish market phases. Nonetheless, Pi Community’s current detachment suggests it might now face downward strain at the same time as Bitcoin strengthens.

Momentum Shifts as MACD Turns Bearish

The Transferring Common Convergence Divergence (MACD) indicator has confirmed a bearish pattern reversal for Pi Community. As seen on the chart from TradingView, the MACD line (blue) crossed under the sign line (orange) on Could 19. This crossover marks the primary bearish sign in additional than a month, indicating rising downward momentum.

Earlier than this shift, each MACD and sign traces had risen steadily by means of late April and early Could. The histogram bars peaked round Could 13, reflecting sturdy bullish momentum on the time. Nonetheless, the histogram has since flipped into purple territory, with values now under zero. This transition indicators that promoting strain is growing and that the short-term pattern has reversed path.

The MACD studying presently sits at -0.0156, reinforcing the bearish crossover. On the similar time, Bitcoin continues to commerce close to its native highs, however Pi Community has failed to trace its motion. This divergence means that Pi just isn’t solely decoupling from Bitcoin but in addition dropping inner momentum.

The weakening MACD sample aligns with falling investor confidence and should result in additional losses. Except the indicator rebounds above the sign line and histogram bars return to constructive territory, Pi Community stays uncovered to extra draw back threat.

On the similar time, investor confidence in Pi Community stays low. The asset’s incapacity to align with Bitcoin’s rally limits its publicity to recent capital. In a market the place most property depend upon main pattern leaders, Pi Community now stands remoted.

With out exterior catalysts or a shift in market momentum, Pi Community might battle to regain energy. The decoupling from Bitcoin removes a key supply of help, leaving the venture extra weak to destructive developments.