PI Coin Price Isn’t Exploding, But the Chart Appears to Be Cooking a Big Move

A long slide can drain the excitement out of any market, and the Pi Network price has been no exception. The drop from May wiped out more than 80%, pulling PI to roughly $0.23 and convincing many that the story had gone stale. A quiet chart usually gets ignored, although that silence sometimes hides the part of the cycle that matters most. 

A Crypto analyst called FarmMyTears on X has pointed to this exact moment, describing it as the place where pressure builds before anyone notices. His take sets the tone for what the PI token might be crafting behind the scenes.

How the Pi Network Price Arrived at This Strange Turning Point

The long downtrend shaped a market filled with hesitation. The chart in the uploaded image shows PI drifting lower for months until price settled into a heavy bottom zone. FarmMyTears has been tracking this area closely because behavior inside that zone says more than any single candle.

Higher lows started to form after the November 21 turning point, which appears on the chart as the moment PI stopped making aggressive new lows and began shifting into a slow crawl upward. These small steps rarely attract attention since they lack the sharp, dramatic movement many expect from a recovery. The PI token followed a different script. Each dip after that moment found buyers faster. Each attempt to recover met sellers that seemed slightly weaker than before. This is the pattern FarmMyTears describes as controlled structure rather than hype.

Why the PI Token’s Slow Grind Matters More Than A Sudden Spike

Explosive candles create noise, although a series of steady climbs creates a foundation. The stretch on the right side of the chart shows PI rising from the bottom region through $0.28, $0.32, $0.40, and beyond without abrupt wicks or deep retracements. This reflects exactly what FarmMyTears calls deliberate accumulation.

Volume crept upward in small steps, volatility narrowed. Sellers who once blocked progress disappeared little by little. That mix creates what he calls the coiling phase, a point where price compresses into tighter ranges while buyers step in sooner on every pullback. The move into $0.50 and then the touch near $0.64 at the top of the chart illustrates how that pressure releases once resistance weakens enough.

Where Pi Network Seems To Be Heading From A Structural Perspective

The current structure shows a market transitioning from exhaustion into discovery. A long downtrend usually ends in a messy bottom, although PI stabilized instead of collapsing further. The shift into higher lows formed a staircase that signals willingness from buyers rather than desperation from sellers.

FarmMyTears often emphasizes the psychology behind this kind of climb. Traders usually want the explosive breakout that comes after the groundwork has already been laid. The chart here mirrors that mindset perfectly. The move has not exploded. The PI price has pressed upward quietly while the market searches for direction. Silent phases like this tend to matter because the crowd often looks away exactly when the foundation for a stronger trend is being built.

Read Also: Retail Is Dumping XRP But Institutions See Something Very Different

Whether the Pi Network Token Breaks or Pauses From Here

The chart does not shout; it hums. Pressure is present, although it has not snapped into an aggressive trend yet. The token has shown real demand soaking up supply one layer at a time. That steady behavior is why the climb looks structured instead of impulsive.

A breakout does not require hype, it simply needs enough compressed energy waiting for a catalyst. The current formation shows the kind of tightening ranges and consistent bid strength that often develop before a larger move. The way PI climbs says as much as the climb itself, and that is the point FarmMyTears keeps bringing up.

A quiet chart can turn into a loud one very quickly. Anyone following the Pi Network price might benefit from watching how this structure evolves rather than waiting for a dramatic moment to confirm what the chart has already been preparing.

The next chapter depends on whether buyers keep defending their steps and whether sellers continue thinning out. PI looks like it is cooking something beneath the surface, and the market seems close to finding out what that pressure will turn into.

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Sarah Wurfel
Sarah Wurfel

Sarah Wurfel works as a social media editor for CaptainAltcoin and specializes in the production of videos and video reports. She studied media and communication informatics. Sarah has been a big fan of the revolutionary potential of crypto currencies for years and accordingly also concentrated on the areas of IT security and cryptography in her studies.

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