Just checked the Pi to USD charts and honestly the technical setup looks pretty weak right now. Price is sitting around $0.15 after that rough stretch in Q1, and the money flow indicators are still flashing red. MFI below 50 and CMF staying negative for weeks straight usually means sellers are still in control, not the kind of environment where you see strong recoveries.

What's interesting is how March historically gets messy for PI. Remember that brutal 66.5% drop in March 2024? That was wild, though those were different conditions with the launch phase and all. But the pattern stuck in people's heads, so when March rolls around again, there's always this underlying caution.

Looking at the current levels, if we see more selling pressure, there's support around $0.1597, then $0.1502 below that. The real concern is if we break lower, the all-time low at $0.1300 comes into play. On the flip side, if buyers actually show up and we clear $0.1752 decisively, that could signal a real shift in momentum. But right now the capital flows just aren't there to support that kind of move.

The quarterly performance being down around 16% doesn't help sentiment either. You'd need to see actual fresh buying pressure and positive pi to usd momentum to turn this around. Without that, March tends to stay choppy for PI.