Pi Coin is starting June with a small breakout after weeks of drifting lower through the second half of May. At writing, Pi Network is trading at $0.6481, up nearly 6% on the day. That bounce looks promising at first glance, but with trading volume dropping and mixed momentum signals, the recovery still feels shaky.
Let’s break down today’s outlook.
What you'll learn 👉
📅 What We Got Right Yesterday
In yesterday’s prediction, we identified the $0.59–$0.60 zone as the critical support area to watch, and the Pi coin price held that level firmly. We also outlined a bullish case scenario where, if buying resumed, the price could bounce toward the $0.65 area, a level that has now been tested following a breakout from the descending trendline.
That scenario played out accurately. Pi Network broke above its multi-week downtrend line and climbed back to the mid-$0.64 range. However, we also cautioned that unless Pi Coin holds above $0.65 and breaks $0.70 convincingly, the move could remain a temporary bounce, a warning that remains relevant today.
📊 Pi Coin Daily Overview (June 1)
- Current Price: $0.6481
- 24h Change: +5.91%
- Volume: Down 13.12% from the previous day
- Hourly RSI: 49.39
The Pi Coin price has climbed after testing the $0.60 base support, but it now sits just below key resistance at $0.67–$0.70. Volume decline suggests traders may still be cautious despite the breakout attempt.
🔍 What the Pi Coin Chart Is Showing
On the 4H chart, Pi Network has broken above the descending resistance line that has capped the price since mid-May. The pattern leading up to this move resembled a descending triangle with flat support at $0.60. The breakout above the upper trendline is the first bullish technical signal in weeks.
Still, the breakout requires confirmation. Unless Pi Coin price can reclaim and hold above $0.70, this move could be a false breakout. If it drops back below $0.63, the market could quickly revisit lower support zones.
Read Also: Analyst Predicts Further Crash for Ripple (XRP): Here’s How Low It Could Go
📈 Technical Indicators (Hourly Timeframe)
| Indicator | Value | Signal / Interpretation |
| MACD | -0.001 | Bearish crossover, slight downward pressure |
| ADX | 27.66 | Moderate trend forming, direction unclear |
| RSI (14) | 49.39 | Neutral zone, no strong momentum |
| CCI (14) | -17.78 | Sideways momentum |
| Ultimate Oscillator | 40.88 | Mild selling pressure |
| ROC | 2.47 | Bullish momentum, price increasing |
| Bull/Bear Power | 0.0024 | Slight edge for buyers |
Summary: Indicators are mixed. Momentum has shifted slightly in favor of bulls, but no strong trend is confirmed. The breakout needs validation through higher highs and stronger volume.
🔮 Pi Coin Price Prediction Scenarios
Bullish Scenario: A confirmed move above $0.70 could lead to a rally toward $0.75 and $0.85. Price must close strongly above this range with volume to maintain upward momentum.
Neutral Scenario: If Pi Coin price stays above $0.63 but fails to break $0.70, expect sideways consolidation between $0.63 and $0.67 for most of the day.
Bearish Scenario: If the breakout fails and price falls back below $0.60, downside targets reappear at $0.58 and potentially $0.54.
🧠 Wrapping Up
Pi Coin price is showing early signs of a potential reversal after weeks of downward movement. However, price action remains fragile. Momentum indicators suggest a transitional phase with no dominant trend. The $0.70 resistance level is key. A daily close above it could shift the short-term outlook toward bullish. If not, Pi may remain range-bound or return to retest lower levels.
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