Pi Coin’s price has struggled to gain stable momentum in recent sessions, showing heightened volatility as investors wait for a clear direction. While the altcoin has seen a gradual improvement in inflows, it has yet to demonstrate sufficient strength to fuel a sustained price recovery. Pi Coin Holders Are Coming Back The Squeeze Momentum Indicator is showing that a squeeze is building up, suggesting that a major price move could be imminent. However, the indicator also signals a shift in momentum from bullish to bearish, which could lead to downside risks for Pi Coin if confirmed
source: https://beincrypto.com/pi-coin-price-recovery-seems-difficult/