PI COIN RECOVERY KEY: BULLS MUST RECLAIM THE $0.213 FIBONACCI LEVEL TO TRIGGER A YEAR-END SURGE

Following a prolonged period of bearish dominance that saw Pi Coin slip below the critical $0.200 mark, technical and on-chain indicators have finally signaled a pivotal shift in market sentiment. With the Moving Average Convergence Divergence (MACD) printing its first bullish crossover in 20 days and capital flows flipping positive, the stage is set for a potential recovery. However, analysts emphasize that the true “key” to this reversal lies in reclaiming the $0.213 Fibonacci retracement level, a technical hurdle that will decide whether Pi Coin enters 2026 on a bullish footing or continues its sideways grind. I. Momentum Shifts: Bulls Reclaim the Narrative

The recent stabilization of Pi Coin is backed by two primary technical developments that suggest a floor has been established: MACD Bullish Crossover: For the first time in nearly three weeks, the MACD line has crossed above the signal line. This shift indicates that the aggressive selling momentum that defined early December has finally exhausted, allowing buyers to regain control of the near-term price direction.CMF Flips Positive: The Chaikin Money Flow (CMF), which monitors capital entering and exiting the market, has moved above the zero line. This confirms that outflows have officially transitioned into net inflows over the past 24 hours, highlighting a growing conviction among holders to accumulate at current prices. II. The Fibonacci Test: $0.213 as the Decider

Despite the improving sentiment, Pi Coin faces a specific structural barrier that acts as the “line in the sand” for a confirmed recovery: The 23.6% Fibonacci Level: Pi is currently trading near $0.207, positioned just below the $0.213 resistance. This level aligns with the 23.6% Fibonacci retracement, increasing its technical significance. Reclaiming $0.213 as support is essential to validate the recovery structure.Bullish Target ($0.224): A successful breakout above $0.213 would provide the continuation signal needed to target $0.224. Sustained buying pressure at this stage would likely invalidate the long-standing bearish thesis.Downside Risk: If bulls fail to clear the $0.213 hurdle, the asset remains vulnerable. A breakdown below $0.207 would likely lead to a retest of support at $0.199 and potentially $0.188, reinforcing the prevailing bearish trend. III. Conclusion and Short-Term Outlook The short-term outlook for Pi Coin is cautiously bullish, as the asset attempts to leverage a rare alignment of positive momentum and capital inflows. The recovery is currently “in progress,” but it lacks final confirmation. Traders should focus almost exclusively on the $0.213 level; a daily close above it would likely catalyze a broader relief rally. Conversely, if resistance holds, the current bounce may be viewed as a “dead cat bounce,” requiring further consolidation before a true bottom can be called. ⚠️ Important Disclaimer This analysis is for informational and educational purposes only and is based on analyst commentary, technical patterns, and on-chain metrics. It is not financial advice, nor should it be construed as a recommendation to buy, sell, or hold any security or cryptocurrency. The cryptocurrency market is highly speculative, volatile, and subject to external factors. Readers must conduct their own comprehensive research (DYOR) and consult with a qualified financial advisor before making any investment decisions.

PI1.07%
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GateUser-c975468fvip
· 12-22 12:55
Merry Christmas ⛄
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GateUser-c975468fvip
· 12-22 12:55
Christmas is coming! 🚀
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GateUser-c975468fvip
· 12-22 12:55
Merry Christmas, bull up! 🐂
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