The Curious Case of Pi: Will It Rebound or Just Dance in Place? 🚀🤡

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$0.32 – the safety net that feels more like a trampoline just waiting to spring a surprise.

Resistance levels: $0.37 – the glass ceiling with a crack, if only buyers could muster the strength to push through.

1. Downtrend Continues

August started with a whimper-lower lows than a puppy amidst a thunderstorm-signaling that our friend Pi might keep drifting downward, like a leaf caught in a lazy stream. Still, it found a cozy bed at 32 cents, where buyers peeked out from behind their curtains. Will it be enough to smash through 37 cents, or is this just a dead feline bounce, destined to land flat on its back? Stay tuned, or don’t. Who cares, really.

Pi Graph

2. Sell Volume is Still High

On August 1st, Pi took a nosedive-20%, just for kicks-and sellers got rowdy, throwing stacks of coins like they’re trying to win a prize. Then, suddenly, the sellers got shy, and the price did a little recovery dance. But until it zooms above that fancy $0.37 mark, it’s just closeted sellers whispering, “Not quite yet.” Maybe they’ll come back, or maybe they’re just tired of all this drama.

Sell Volume Chart

3. Daily RSI is Oversold

The RSI-think of it as Pi’s current mood-has dipped into the “so-depressed-it’s-giving-buying-opportunities” zone. It’s like a sign saying “discount shop here!” But buyer enthusiasm is fragile; as soon as the bounce ends, those sellers might just get their groove back. The wise move? Wait for Pi to bravely pierce the $0.37 barrier before deciding to get in on the action, or you might find yourself crying into your crypto coffee.

RSI Chart

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2025-08-07 14:43