Pi crypto value made a 7% bounce earlier this week, but here’s why sellers remain dominant

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Pi crypto value rebounded by 7.1% between July 28 and 30, rising from the week’s low at $0.073 to a peak of $0.104 on July 19. The token has declined by nearly 21% over the two weeks since then. Technical indicators, including the OBV trending lower throughout 2026, the CMF falling below -0.05 in July, and the RSI at 37, confirm sellers’ dominance. The February low at $0.13 has been breached, with a new swing low established at $0.07. The $0.083-$0.085 area must be flipped to support to offer hope of a bounce toward $0.10-$0.125 for traders.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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