Pi Network (PI/USD) is trading near $0.61 after a sharp decline from its March 2025 high of nearly $3.00. The price has since moved sideways, forming a consolidation range between $0.56 and $0.66. This signals that the market may be entering an accumulation phase, potentially setting the stage for a breakout in May.
Read Pi Network Price Prediction 2025, 2026 - 2030
Strong Bearish Trend in Play
The Directional Movement Index (DMI) shows a strong bearish trend. The Average Directional Index (ADX) has surged to 56.72 from just 10.48 in three days. This indicates a powerful trend, as readings above 25 are typically considered strong.
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The +DI (upward movement) has dropped sharply from 15.88 to 4.61
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The -DI (downward movement) has risen from 23 to 45
This growing gap confirms that sellers are currently in control, and the downtrend is gaining strength.
Money Flow Shows Early Recovery Signs
Despite the bearish trend, the Chaikin Money Flow (CMF) has turned positive, climbing to 0.06 from -0.08. This is its highest level since mid-April and suggests that some buying pressure is returning. While still low, this shift hints that investors may be beginning to accumulate PI.
Also Read: Ronin Price Prediction 2025, 2026 – 2030
Token Unlock Pressure Easing
Recent unlock events have added downward pressure. Over 11 million PI tokens were unlocked on April 30, giving long-term holders a chance to sell. However, the volume of unlocked tokens is expected to drop steadily. After May 8, no single day is scheduled for more than 10 million token unlocks.
Pi’s circulating supply is just under 7 billion, with over 70% still locked in mining rewards. While the trend remains bearish, decreasing unlocks and early signs of accumulation may lead to stabilization if supported by stronger price action
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