Pi coin price prediction: $0.4 becomes a key support level, mainstream CEX listing expectations trigger buy the dip speculation | 2025 crypto market analysis

The Pi Network Token PI experienced a big pump of 300% from April to May before beginning a steep fall, reaching $0.4158 on July 31, close to its historical low. The technical indicators have entered the oversold zone, and the massive token unlock combined with early user selling has led to a market capitalization evaporation of over $1 billion. A deep analysis of the key support levels, recovery catalysts, and the impact of rumors regarding listings on mainstream CEX on the price of the PI coin.

▌PI Price Trend Depth Analysis The PI Token experienced an epic rise between April and May 2025, with a monthly increase of 300%. However, it then faced persistent selling pressure, falling to $0.4158 on July 31, close to the historical low of $0.4000.

(PI Price Analysis Source: TradingView)

The key support level of $0.4000 has become the battleground for bulls and bears. If it breaks down, it may trigger a liquidity crunch event. The technical indicators are releasing strong bearish signals:

• The daily RSI has fallen to 34, approaching the oversold area (threshold of 30)
• The MACD green histogram continues to shorten, and the upward momentum is exhausted. Traders need to closely monitor RSI and MACD divergence signals to capture potential rebound opportunities.

▌Multi-level Risk Support Level Warning The current two major defensive support levels are:

1. S1 support level: 0.2500 USD (CEX first day opening price anchor point)
2. S2 support level: $0.1000 (historical lowest liquidation line) If a recovery market opens, the Fibonacci resistance level at $1.0350 (50% retracement level) will become the first pressure wall.

▌Core Positive Factors for 2025 Despite facing a Depth correction, the fundamental of the PI ecosystem still has explosive potential: ✅ Global user base support: Covering over 14 million KYC certified users in 155 countries. ✅ Real-world application scenarios landing: The mainnet has supported 70+ ecological DApps. ✅ Endorsement by Top Exchanges: The launch of Gate and other CEXs lays the foundation for liquidity. Historical data shows that the previous big pump of PI was mainly due to its practical value far exceeding that of the top 100 tokens, rather than simply following the fluctuations of the Bitcoin market.

▌Mainstream CEX Listing Rumors Ferment At the end of July, Pi Network's official Twitter suddenly pushed for wallet security upgrade requirements, which typically indicates preparations for compliance before a major exchange listing. The crypto community generally speculates that this could be a prelude to a mainstream CEX listing, and if true, will bring: 🔥 The effect of a surge in short-term buying pressure. ⚠️ The risk of selling pressure from early miners' bulk reduction. Be cautious of the market reversal scenario of "good news being followed by bad news."

▌Root Cause of the Big Fall: Token Unlocking Wave Impact On-chain data shows that PI has transitioned from closed mainnet to trading status: ➠ Early holders concentrate on taking profits. ➠ Continuous decline after the mainnet launch in February ➠ July Token unlock intensifies dumping The market capitalization has shrunk from a peak of 13.5 billion USD to 3 billion USD, a decline of nearly 80%, but it still remains in the top 50 of the cryptocurrency market capitalization list.

[Depth Conclusion] The current PI is at a divergence stage of "high practical value and low coin price," with the 0.4 dollar mark becoming a watershed for bulls and bears. Historical experience shows that tokens with a real ecosystem often experience a strong rebound after an oversold situation, but three major risks must be watched out for: 1️⃣ The risk of a spike before the RSI stabilizes above the 30 oversold zone. 2️⃣ The emotional collapse triggered by the failure of mainstream CEX listing expectations. 3️⃣ The Bitcoin market correction has caused a collapse in the altcoin market. Long-term investors can accumulate positions in batches, while short-term traders are advised to wait for the confirmation signal of the MACD golden cross.

(Data in this article is as of July 31, 2025, and does not constitute investment advice)