Pi Coin Price Consolidates — Next Stop: All-Time Low?

At the time of writing, Pi Coin is priced at $0.203. It has maintained its position above the crucial $0.200 support for the past two weeks. Despite the mounting bearish pressure, the altcoin has managed to stay afloat, indicating some degree of resilience. If this consolidation holds, the price may continue hovering around current levels.

However, if bearish sentiment deepens and selling accelerates, Pi Coin may lose its grip on the $0.200 level. A breakdown below this floor could drag the price down to the $0.180 support level. This would place the cryptocurrency dangerously close to its all-time low of $0.153, a scenario that could spook long-term holders.

On a more optimistic note, if Pi Coin rebounds from its $0.200 base, it could target a move toward $0.229. A successful breach of this resistance would invalidate the current bearish setup and possibly set the stage for a short-term recovery.