Web Analytics
Bitzo
2026-01-20 16:28:40

Pi Network (PI) Tests $0.16 Support as Daily Unlocks Intensify Selling Pressure

Pi Network is facing heightened downside pressure as continuous token unlocks collide with weak market demand. With millions of new tokens entering circulation daily, PI’s price structure continues to deteriorate, raising the probability of a retest of the $0.16 support zone. Daily Unlocks Add More Than 4.6 Million PI to Supply According to data from PiScan , over 4.6 million PI tokens unlock every day, contributing an estimated 139 million new tokens to circulating supply over the next 30 days. Originally designed to reward early participants, this mechanism is now acting as a sustained source of sell pressure—especially in a market that has not demonstrated significant spot demand. Many newly unlocked tokens flow directly into sell-side liquidity as holders rush to liquidate, dramatically accelerating downward price movement. PI Trades Below All Key Moving Averages Source: coinmarketcap PI is currently trading around $0.187, sitting below all major short- and medium-term trend levels: 7-day SMA: $0.203 30-day SMA: $0.206 Remaining below these moving averages signals a persistent bearish trend. Every attempt at recovery has been rejected quickly, reflecting a market unwilling to absorb the additional supply. Momentum Indicators Reinforce Bearish Market Structure While the RSI (14) at 26.8 indicates oversold conditions, this alone is not sufficient to signal reversal—especially with structural supply pressure weighing on price performance. Momentum continues to deteriorate, with the MACD histogram firmly negative, confirming that bearish momentum is intensifying rather than easing. Broken Support Brings $0.162 Level Into View PI recently broke below the $0.192 support level, shifting the market into a lower trading range. With unlock-driven selling continuing and no signs of demand-side improvement, the next major support sits near $0.162. If this level fails, Pi Network may face further structural declines unless tokenomics adjustments or new demand catalysts emerge. How Outset PR Interprets Market Stress Through Data-Driven Storytelling The situation unfolding around Pi Network exemplifies how tokenomics, supply mechanics, and market demand intersect to shape price behavior—a complexity that must be communicated effectively to investors. This is where Outset PR’s data-driven approach adds clarity to otherwise chaotic market events. Outset PR builds narratives by aligning messaging with real-time market momentum rather than relying on generic coverage or templated outreach. The agency treats each campaign as a hands-on workshop, ensuring that communication reflects actual market conditions. A core element of this methodology is Outset Data Pulse , a proprietary intelligence system that monitors on-chain activity, media trendlines, and traffic distribution. This allows Outset PR to determine when a message will gain the strongest lift across crypto media. Additionally, Outset PR’s Syndication Map identifies which publications generate the most downstream pickup on aggregators like CoinMarketCap and Binance Square—enabling campaigns to consistently achieve visibility several times higher than initial placements. Outset PR focuses on shaping narratives that are market-fit, timely, and grounded in data. PI Price Outlook: Selling Pressure Remains While oversold conditions may spark brief technical rebounds, Pi Network’s main vulnerability is structural: millions of new tokens entering a market with insufficient demand. Until daily unlock volumes decrease or new adoption catalysts emerge, PI is likely to remain under sustained downward pressure. If selling persists, a retest of $0.162 appears increasingly likely—making the next several days crucial for market stability. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.