RECOVERY DEAD: 32% Pi Coin Pump Fails as Holders DUMP Holdings!

Pi Coin’s stunning 24-hour surge of 32% which briefly sparked massive rally hopes has been tragically short-lived. Analysts warn that the altcoin is on the brink of losing its shot at a sustained recovery after on-chain data revealed investors immediately used the jump to offload their holdings. Massive capital outflows have sent a key metric to a two-month low, confirming that holders are prioritizing profit-taking over long-term gains. If Pi Coin fails to secure its critical support, a devastating bearish continuation is confirmed!

I. The Great Dump: Capital Outflows Confirm Betrayal

The initial 32% price jump was met with an immediate, overwhelming wave of selling pressure that has crushed bullish sentiment: CMF Plummets: The Chaikin Money Flow (CMF) indicator, which tracks the flow of money into and out of the asset, recorded a steep downtick, falling to a near two-month low.Massive Outflows: This trend confirms massive capital outflows, indicating that traders saw the 32% rise as an exit opportunity rather than the start of a rally, severely limiting near-term recovery prospects.

II. The Conflicting Signal: Technical Momentum is Being Crushed

Despite the bearish capital flows, one technical indicator is attempting to hold onto bullish potential, showing the battle for the price’s future: RSI Improvement: Pi Coin’s Relative Strength Index (RSI) spiked sharply, moving from bearish territory to the positive zone (above 50.0). This technical momentum should support a rally.The Reality: However, the ongoing and severe capital outflows are expected to offset this positive RSI momentum, keeping Pi Coin price range-bound or forcing a breakdown.

III. Critical Price Levels: The Final Stand

The future of Pi Coin’s recovery hinges entirely on its ability to hold one crucial support level: The Final Launchpad ($0.229): Pi Coin is currently trading at $0.229, a critical support zone. If buyers can step in and hold this level, a rebound toward $0.256 is possible.The Danger Zone: If the $0.229 support fails, the price is likely to drop to $0.209 and potentially retest the last major floor at $0.198. A slide below this level would officially invalidate the bullish outlook and confirm a short-term bearish continuation.

IV. Conclusion: The Market is Vetoing the Recovery

Pi Coin’s quick surge proved that short-term volatility is present, but the immediate profit-taking confirmed that investor conviction is virtually non-existent. The massive capital outflows override any positive technical signals, confirming that the market is vetoing the recovery. The price now stands on a knife’s edge at $0.229. If that final support gives way, the failed 32% pump will be remembered as the moment Pi Coin lost its shot at recovery, triggering a sharp decline back to the lower consolidation range.

Disclaimer

This article is for informational purposes only and is based on third-party on-chain and technical analysis. The views expressed do not constitute financial or investment advice. The cryptocurrency market is highly volatile, and all investment decisions should be preceded by thorough personal research (DYOR) and consultation with a qualified financial advisor.