Pi Coin (PI) is struggling to maintain its bullish momentum as of February 23, 2026, after a projected 60% breakout toward $0.19 collapsed. The token is currently trading near $0.16, a critical support level that must hold to validate a newly formed “hidden bullish divergence” on the RSI. Despite retail investors quietly buying the dip as evidenced by rising On-Balance Volume (OBV) broader market conviction is fading. Social volume has plummeted 83% in one week, and the Chaikin Money Flow (CMF) remains below zero, signaling that large-scale capital continues to exit the ecosystem.
The Failed Breakout: From 60% Hopes to $0.16 Stability
Pi Coin’s attempt to ignite a major rally through a bullish flag pattern on February 17 was short-lived, with the price quickly retreating into its previous range.
The $0.19 Rejection: The inability to sustain gains above $0.19 has reignited concerns that the long-term downtrend is still in control.Hidden Bullish Divergence: A technical “silver lining” has appeared: the price is forming a higher low while the RSI forms a lower low. This divergence typically suggests a temporary bounce is possible, but it requires PI to stay strictly above the $0.162 floor.
Social and Capital Exodus: A Dangerous Combination
The fundamentals of the Pi Network are showing signs of exhaustion that could undermine any technical recovery.
Social Interest Collapse: Mentions of Pi Coin across social platforms dropped from a score of 18 to just 3 in six days. Historically, such a low score preceded a crash to an all-time low of $0.13 on February 9.Negative Money Flow: The CMF indicates that large investors are not yet convinced of a recovery. Since capital is flowing out of the asset, even technical bounces are likely to face heavy selling pressure and lack the “fuel” needed for a sustained trend reversal.
Retail Resilience vs. Market Reality
While the “whales” are exiting, the “retail army” appears to be doubling down on the current price levels.
Dip Buying Support: The OBV has been rising since February 16, suggesting that smaller investors are accumulating Pi Coin at the $0.16 level. This retail activity is currently acting as a buffer, preventing an immediate slide.The $0.14 Danger Zone: If the $0.162 support fails, the next downside targets are $0.14 and the $0.13 all-time low. To regain bullish momentum, PI must reclaim $0.18 and eventually flip $0.20 into a definitive support zone.
Essential Financial Disclaimer
This analysis is for informational and educational purposes only and does not constitute financial, investment, or legal advice. Reports of a failed 60% breakout for Pi Coin and an 83% drop in social volume are based on technical analysis and market data as of February 23, 2026. Patterns like hidden bullish divergence and rising OBV are probabilistic and do not guarantee future performance. Pi Coin remains a highly speculative asset with extreme volatility; the 83% decline in social interest highlights the risk of declining liquidity and potential for total capital loss. Always conduct your own exhaustive research (DYOR) and consult with a licensed financial professional before making significant investment decisions in the Pi Network or other digital assets.
Do you think the retail “dip buyers” can save Pi Coin from another crash to $0.13, or is the 83% drop in social interest the final warning?
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PI COIN STALLS: 60% BREAKOUT ATTEMPT FAILS AS SOCIAL INTEREST PLUMMETS 83% AMID WEAK CAPITAL INFLOWS
Pi Coin (PI) is struggling to maintain its bullish momentum as of February 23, 2026, after a projected 60% breakout toward $0.19 collapsed. The token is currently trading near $0.16, a critical support level that must hold to validate a newly formed “hidden bullish divergence” on the RSI. Despite retail investors quietly buying the dip as evidenced by rising On-Balance Volume (OBV) broader market conviction is fading. Social volume has plummeted 83% in one week, and the Chaikin Money Flow (CMF) remains below zero, signaling that large-scale capital continues to exit the ecosystem. The Failed Breakout: From 60% Hopes to $0.16 Stability Pi Coin’s attempt to ignite a major rally through a bullish flag pattern on February 17 was short-lived, with the price quickly retreating into its previous range. The $0.19 Rejection: The inability to sustain gains above $0.19 has reignited concerns that the long-term downtrend is still in control.Hidden Bullish Divergence: A technical “silver lining” has appeared: the price is forming a higher low while the RSI forms a lower low. This divergence typically suggests a temporary bounce is possible, but it requires PI to stay strictly above the $0.162 floor. Social and Capital Exodus: A Dangerous Combination The fundamentals of the Pi Network are showing signs of exhaustion that could undermine any technical recovery. Social Interest Collapse: Mentions of Pi Coin across social platforms dropped from a score of 18 to just 3 in six days. Historically, such a low score preceded a crash to an all-time low of $0.13 on February 9.Negative Money Flow: The CMF indicates that large investors are not yet convinced of a recovery. Since capital is flowing out of the asset, even technical bounces are likely to face heavy selling pressure and lack the “fuel” needed for a sustained trend reversal. Retail Resilience vs. Market Reality While the “whales” are exiting, the “retail army” appears to be doubling down on the current price levels. Dip Buying Support: The OBV has been rising since February 16, suggesting that smaller investors are accumulating Pi Coin at the $0.16 level. This retail activity is currently acting as a buffer, preventing an immediate slide.The $0.14 Danger Zone: If the $0.162 support fails, the next downside targets are $0.14 and the $0.13 all-time low. To regain bullish momentum, PI must reclaim $0.18 and eventually flip $0.20 into a definitive support zone. Essential Financial Disclaimer This analysis is for informational and educational purposes only and does not constitute financial, investment, or legal advice. Reports of a failed 60% breakout for Pi Coin and an 83% drop in social volume are based on technical analysis and market data as of February 23, 2026. Patterns like hidden bullish divergence and rising OBV are probabilistic and do not guarantee future performance. Pi Coin remains a highly speculative asset with extreme volatility; the 83% decline in social interest highlights the risk of declining liquidity and potential for total capital loss. Always conduct your own exhaustive research (DYOR) and consult with a licensed financial professional before making significant investment decisions in the Pi Network or other digital assets.
Do you think the retail “dip buyers” can save Pi Coin from another crash to $0.13, or is the 83% drop in social interest the final warning?