#PI# [PI NETWORK TECHNICAL ANALYSIS – STRATEGY TO ANTICIPATE A POTENTIAL DEATH CROSS ON THE DAILY TIMEFRAME]

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Pi Network (PI) is currently under significant selling pressure on the daily chart. One key technical signal emerging is a potential death cross, where the EMA 20 is crossing below the EMA 50, and appears to be heading toward a crossover with the EMA 200. If the EMA 20 successfully crosses below the EMA 200, it would confirm a classic death cross — a strong bearish trend signal.
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However, this signal has not yet fully formed, which means we are still in a transition phase. This is a crucial moment to build a solid strategy rather than reacting emotionally.
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Technical Scenarios:
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1. Bearish Scenario (Death Cross Confirmed):
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If selling pressure continues and the EMA 20 crosses the EMA 200, the price may drop further toward the $0.60 – $0.63 support zone.
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If this zone breaks, the next support area is around $0.50 – $0.55.
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2. Sideways Scenario (False Death Cross):
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Price could consolidate in the $0.66 – $0.70 range, waiting for volume confirmation or major news.
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False signals are common when volume doesn’t support the EMA crossover.
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3. Reversal Scenario (Bullish Recovery):
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If PI breaks above $0.74 with strong volume, it could indicate a potential bullish reversal.
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The next resistance target would be around $0.78 – $0.85.
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Conclusion:
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The potential formation of a death cross between EMA 20 and EMA 200 is a key warning signal for both PI holders and traders. However, this setup is not yet fully confirmed, and market reaction in the coming days will be critical.
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By applying a staggered entry strategy and staying disciplined with technical signals, we can stay prepared without falling into emotional traps. Avoid FOMO — but also don’t miss out on opportunities due to overcaution.
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