PI Faces Bearish Pressure Below Key 20-Day EMA

At the time of writing, PI’s price is struggling beneath its 20-day Exponential Moving Average (EMA), which currently acts as dynamic resistance around $0.27. The 20-day EMA tracks the asset’s average price over the past 20 sessions, placing greater emphasis on recent movements to reflect short-term market sentiment.

Trading below this line signals that sellers remain in control, with momentum skewed toward the downside.

Unless renewed buying pressure pushes PI back above the 20-day EMA, the token risks extending its decline and potentially setting a new low.