Pi Coin is attempting to recover at the start of March 2026 after printing a new all-time low earlier in the month, but technical indicators suggest the rebound may struggle to gain traction.
The token is trading near $0.1701 and holding above an ascending trendline, with immediate resistance at $0.1752, while broader momentum signals point to continued downside risks unless buying demand strengthens.
The Money Flow Index has fallen below the neutral 50 level, historically a precursor to extended corrective phases for Pi Coin, indicating that capital outflows are outweighing sustained inflows.
The Chaikin Money Flow indicator has also remained below zero for nearly three weeks, reinforcing the view that investor confidence is weak and that fresh capital inflows are insufficient to support a durable breakout.
March has historically been volatile for Pi Coin, with the token plunging 66.5% in March 2024 following its launch phase as early participants secured profits, a period that continues to shape investor caution despite different underlying conditions today.
Quarter-to-date performance adds further pressure, with Pi Coin down around 16% for Q1 2026 after mixed results in January and February, raising the risk that a negative quarterly close could weigh on sentiment heading into Q2.
A decline below $0.1597 would likely expose $0.1502 and potentially the $0.1300 all-time low, while only a decisive breakout above $0.1752 followed by a move through $0.2002 would invalidate the bearish outlook and signal renewed bullish momentum.
At the time of reporting, Pi Network price was $0.1687.