{"id":1140,"date":"2025-05-28T04:14:28","date_gmt":"2025-05-28T04:14:28","guid":{"rendered":"https:\/\/bitunikey.com\/news\/pi-network-trapped-in-a-narrow-range-as-largest-unlock-of-the-month-looms\/"},"modified":"2025-05-28T04:14:29","modified_gmt":"2025-05-28T04:14:29","slug":"pi-network-trapped-in-a-narrow-range-as-largest-unlock-of-the-month-looms","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/pi-network-trapped-in-a-narrow-range-as-largest-unlock-of-the-month-looms\/","title":{"rendered":"Pi Network trapped in a narrow range as largest unlock of the month looms"},"content":{"rendered":"
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Pi Network continues to trade sideways as market participants brace for a massive token unlock that could introduce new selling pressure.<\/p>\n

Pi Coin (PI) is trading at $0.7504 at press time, up just 0.2% over the last day. In the past seven days, the token has fluctuated between $0.7406 and $0.8586, and it is still 74% below its peak of $2.99 in February.<\/p>\n

Despite recent price stagnation, trading volume has increased. Over the past 24 hours, Pi Network has recorded over $145 million in volume, up 16.2% from the previous day, indicating renewed but cautious interest among market participants.<\/p>\n

Yet the focus remains on a wave of upcoming token unlocks. On May 26, 10 million PI were released, followed by 12 million on May 27, as per Pi Scan data<\/a>. The largest near-term unlock is set for May 28, when 15 million tokens will enter circulation, marking the biggest single-day release in the current 30-day window.<\/p>\n

<\/p>\n

Looking ahead, another 263 million tokens will be unlocked in June, 233 million in July, and 132 million in August. On-chain data indicates that more holders are moving their tokens to centralized exchanges, which raises the possibility of more sell-side pressure at a time when unlocks seem to be increasing supply.\u00a0<\/p>\n

Still, Pi Network is attempting to build long-term value. The recently launched $100 million Pi Network Ventures fund is designed to support AI, gaming, fintech, and e-commerce startups, creating potential real-world use cases for the token. Successful decentralized application launches and broader adoption could help revive buying interest over time.<\/p>\n

From a technical standpoint, Pi is trading in a narrow Bollinger Band range, with the lower band at $0.53 and the upper band at $1.15. Although the direction is still unknown, the price\u2019s mid-range position suggests low volatility and a coiled setup, which frequently precedes a breakout.<\/p>\n

<\/source><\/p>\n<\/picture>
PI price analysis. Credit: crypto.news<\/figcaption><\/figure>\n

Momentum indicators are largely neutral. The relative strength index, which is at 48.36, indicates a lack of clear direction, while the stochastic RSI, which is at 18.16, indicates short-term oversold conditions. The MACD has shown bearish momentum by crossing below its signal line at 0.0047. <\/p>\n

The majority of short- and medium-term moving averages are above the current price and continue to act as resistance. Strong volume and a breakout above $0.85 might pave the way for a move to $1.00 and possibly $1.15. <\/p>\n

In a bearish scenario, if the $0.74\u2013$0.75 range is not held, Pi may return to the psychological level of $0.70, with additional risk reaching $0.65 or even the lower Bollinger Band at $0.53. If there is consistent selling pressure, the massive supply overhang from impending unlocks could accelerate this decline.<\/p>\n

<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Pi Network continues to trade sideways as market participants brace for a massive token unlock that could introduce new selling pressure. Pi Coin (PI) is trading at $0.7504 at press…<\/p>\n","protected":false},"author":1,"featured_media":406,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1140","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=1140"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1140\/revisions"}],"predecessor-version":[{"id":1141,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1140\/revisions\/1141"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/406"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=1140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=1140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=1140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}