Pi Coin Bounces for the First Time in Weeks Creating Bullish Divergence: Will Price Continue to Rise?

After several weeks of fluctuating near local lows, PI Token has shown signs of recovery. On 10/07, the Token increased from 0.465 USD to 0.51 USD, an encouraging move marking the first notable growth since late 06.

Although still far from its previous high, this recovery is accompanied by strong confirmation from the chain and technical analysis that demand is gradually returning.

Accumulation line shows stable interest from buyers

The Accumulation/Distribution line, which tracks the relationship between price and volume to detect buying or selling pressure, has begun to rise again. This occurred precisely on 09/07.

If the A/D line, despite dropping the next day, remains above the 08/07 low (marked by a horizontal line), the price may have a positive impact.

This suggests that smart money may be quietly accumulating Pi Coin despite the overall market stagnation.

Sentiment remains high while PI price lags

Considering historical trends, Pi Coin's emotion score (red line) tends to move alongside the PI price; as seen in the strong increase in May when both lines rose. This reflects a real-time crowd reaction rather than a predictive signal.

Currently, emotion has risen again and continues to maintain a high positive zone. It does not reach the euphoric heights of mid-May, but remains above neutral, indicating that traders still feel optimistic about Pi's prospects.

The highlight this time is the disconnection: price is not keeping up with similar intensity. Although PI increased from 0.465 USD to 0.51 USD on 10/07, it is still hovering near an important resistance level. If sentiment remains stable, as seen in previous increases, a delayed price reaction is still possible.

Stochastic RSI crossover adds momentum signal

Momentum confirmation comes from Stochastic RSI, a momentum oscillator comparing the asset's RSI to its high-low range over time. The recent crossover, when the green line moves above the orange line, signals rising price momentum is forming. This type of crossover often appears when trend reversals or new increases begin.

Stochastic RSI—showing the strength or weakness of the asset's recent price movement—currently has the green line near 72 and the red line around 40. This increasingly wide gap indicates rising price momentum, with the faster-moving line pulling upward. To clarify, while RSI (Relative Strength Index) tracks overbought or oversold levels of a Token, Stochastic RSI goes deeper by measuring the rate of change of RSI itself—often used to catch early trend changes.

PI price enters resistance zone

Price-wise, PI is currently oscillating around the important resistance level at 0.5026 USD. This level, taken from the 0.618 Fibonacci retracement zone, has previously acted as both a limit and a trigger. If the Bull side can clearly push past this level, the next increase could target the 0.54–0.56 USD zone. However, if price is rejected again here, a drop to 0.4578 USD could occur.

Currently, all three indicators—buying pressure, sentiment, and momentum—are pointing upward. As long as PI price stays above 0.50 USD (psychological support zone), the trend seems intact. However, if it fails to maintain this level, it could open the door to returning to the 0.45-0.40 USD range.