Pi Network trades at $0.1141 on July 1, down 0.78% and sitting at an all-time low even after the Pi Core Team launched three new products during Pi2Day on June 28. Catalysts didn’t matter. Price went lower anyway.
The daily Bollinger Band chart shows PI trading at the lower band near $0.1157, with the basis at $0.1419 and the upper band at $0.1288 all sitting above spot. Every major EMA stacks bearishly overhead: the 20-day at $0.1272, the 50-day at $0.1384, the 100-day at $0.1530 and the 200-day at $0.1968. Price has been below all of them since May.
The SMC chart tells a cleaner story of the damage. PI broke multiple break-of-structure levels in succession through June, leaving behind a series of fair value gaps between $0.1380 and $0.1445 that now act as overhead supply. Fibonacci levels from the recent swing put recovery targets at $0.1218 (0.382), $0.1251 (0.5), $0.1284 (0.618) and $0.1308 (0.705), with the heavier FVG resistance sitting between $0.138 and $0.144.
RSI sits at 27, its deepest oversold reading since the token launched, though oversold readings alone don’t guarantee a bounce when fundamental supply pressure keeps building.
What Are The Key Support And Resistance Levels For PI Right Now?
- Support at $0.1110 all-time low and $0.1139
- Resistance at $0.1272, then the FVG zone between $0.138 and $0.144
Pi Network launched three products on June 28 during its annual Pi2Day event. SoloHost is a permissionless framework inside Pi Desktop that lets developers build and list self-hosted apps for local AI and distributed computing, giving Pi’s 420,000-plus node operators a way to run AI agents on their own machines while keeping data off third-party servers.
Pi Sign-in allows external websites and apps to offer Pi accounts as a login option, connecting outside services to Pi’s user base. PiVerify makes Pi’s KYC and real-human verification infrastructure available to third-party clients, who pay in PI to access it, giving the token a new utility layer.
Despite the product depth, none of the three launches were enough to counter the broader selling pressure. Product utility takes time to translate into token demand, and the market wasn’t willing to front-run that timeline.
Over 127 million PI tokens are scheduled to enter circulation within the next 30 days, adding a consistent layer of sell-side supply that buyers need to absorb just to hold current levels. The unlock rate is reportedly lower than in previous months but still enough to cap any sustained recovery unless demand from new product adoption grows faster than new supply coming to market.
PiVerify’s fee-in-PI model is the most direct mechanism for creating real token demand, but external platform adoption takes time to build. Until volumes from PiVerify, Pi Sign-in integrations or SoloHost usage show up in on-chain data, the token unlock schedule remains the dominant near-term variable.
| Period | Price Range | Outlook |
| July 1-5 | $0.108 – $0.125 | Price discovery at all-time lows, RSI oversold |
| July 6-12 | $0.110 – $0.130 | Potential technical bounce toward $0.1272 |
| July 13-19 | $0.112 – $0.135 | Pi2Day Ecosystem Quest ends July 13, sentiment reset |
| July 20-26 | $0.110 – $0.140 | Test of the FVG zone if unlock pace decelerates |
| July 27-31 | $0.115 – $0.145 | Trend resolution based on PiVerify adoption signals |
- Upside case: RSI at 27 triggers a technical bounce, unlock rate slows, and PI reclaims $0.1272 on its way toward the FVG zone near $0.138.
- Downside case: Unlock supply overwhelms thin demand, PI breaks below the $0.1110 all-time low, and price slides toward $0.10 with no historical support to lean on.
