#PI走势分析 Pi Network DMI shows that the downtrend is weakening

The latest assessment of Pi Network's price action indicates a significant decrease in trend strength, as captured by the Directional Movement Index (DMI) (.
The Average Directional Index )ADX(, which measures trend strength, has dropped significantly from 37.5 to 16 in the past few days. This decline indicates that the persistent downtrend has lost its momentum.
PIDMI
Currently, the +DI (positive directional indicator) of PI has decreased from 25.8 to 17, indicating a weakening bullish momentum. At the same time, the -DI (negative directional indicator) has risen from 17.8 to 23, reflecting an increase in selling pressure.
This dynamic indicates that PI is still in a downtrend, although the low reading of ADX indicates a lack of strong downward momentum. If -DI continues to rise while ADX remains below 20, the asset may linger in a slow downtrend.
However, if ADX rises again with -DI, this may intensify selling pressure, leading to a more obvious price decline. Conversely, a revival in buying activity pushing +DI above -DI may promote PI stability and lead to a period of consolidation.
PI BBTrend is still negative, but is rebounding from recent lows
The long-term downtrend of Pi Network is consistent with its BBTrend indicator, which has been negative since the end of February.
Just yesterday, BBTrend fell to a low of -27.9, indicating significant selling pressure, and then rebounded to the current -6.6. As a volatility-oriented indicator derived from the Bollinger Bands, BBTrend helps to assess the strength and direction of market trends.
A value above zero indicates a bullish trend, while a negative value indicates a bearish trend. In addition, when BBTrend falls below -10, it usually indicates an oversold condition, and any upward trend towards the neutral direction typically indicates a relief in selling pressure.
PI BB trend.
Although BBTrend is still negative at -6.6, the clear recovery from the extreme low point indicates that selling pressure is starting to ease.
Although PI has not entered the bullish zone, this recovery suggests that the market conditions may be stabilizing. If BBTrend continues to rise towards zero, it may indicate a trend reversal or at least a consolidation phase before the future trend.
On the contrary, if BBTrend falls again and fails to maintain the upward momentum, PI may face new downward challenges, so it is necessary to monitor whether the recent upward trend will continue.
PI trend analysis
Pi Network may rise to $3 in March
After a sharp 43% decline, Pi Network faces a key resistance after approaching a high of nearly $3, while the price sharply dropped related to the legal warning from the Vietnamese authorities.
If the situation starts to improve, the initial resistance level to watch is $1.80. If decisively breaking through this barrier, it may indicate increased buying activity, potentially driving PI up to $2.35.
If the bullish forces gather and replicate the previous uptrend, the price may further rise to $2.97 and is expected to break the $3 mark for the first time.
However, this optimistic situation depends on the active participation of buyers, who must regain control and drive prices through these key resistance areas.
On the other hand, if selling pressure increases and the downward trend is re-established, the $1.50 support area will come into play.
Breaking through this area may expose PI to further risks, with $0.80 being the next important support level. Such an outcome may indicate that bearish sentiment remains strong, potentially prolonging the downward phase.