Pi Coin Trades Within Range Amid Weak Reversal Signals

Pi Coin is currently trading at $0.170, maintaining a range between a resistance level of $0.209 and a support level of $0.162 since mid-March. According to NS3.AI, a bullish RSI divergence has emerged on the 12-hour chart. However, the potential for a sustained reversal is undermined by decreasing trading volume and a 0.35 year-on-year Pearson correlation with Bitcoin.