{"id":14216,"date":"2026-10-08T09:52:05","date_gmt":"2026-10-08T09:52:05","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=14216"},"modified":"2026-10-08T09:52:05","modified_gmt":"2026-10-08T09:52:05","slug":"pi-network-dips-1-as-falling-open-interest-leaves-0-0801-support-at-risk","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=14216","title":{"rendered":"Pi Network dips 1% as falling Open Interest leaves $0.0801 support at risk"},"content":{"rendered":"

<\/p>\n

\n
\n
\n\"\"\n<\/picture> <\/div>\n<\/p><\/div>\n

Key takeaways<\/span><\/p>\n

    \n
  • The token traded near $0.0823, recovering modestly from support at $0.0801.<\/span><\/li>\n
  • Futures open interest fell to $8.94 million from $10.38 million, a decline of approximately 14%.<\/span><\/li>\n
  • PI faces resistance at $0.0827 and $0.0902, while a break below $0.0801 could expose $0.0704.<\/span><\/li>\n<\/ul>\n

    Pi Network is trading lower on Thursday, offering a modest pause in its recent selloff as weakening derivatives activity and bearish momentum continued to cloud the recovery outlook.<\/span><\/p>\n

    PI traded around $0.0823, down by 1%, after seven consecutive bearish daily closes. The rebound followed a 7% decline the previous day and came as the token approached its July 31 low near $0.0801.<\/span><\/p>\n

    Despite the bounce, PI remained below key moving averages, leaving buyers with several technical barriers to overcome.<\/span><\/p>\n

    PI futures Open Interest falls approximately 14%<\/h2>\n

    CoinAnk data showed Pi Network futures open interest declining to $8.94 million from $10.38 million the previous day.<\/span><\/p>\n

    The $1.44 million reduction represents a drop of approximately 14% in the notional value of outstanding positions.<\/span><\/p>\n

    Lower dollar-denominated open interest can reflect falling prices, closed positions, liquidations, or a combination of those factors. The figures alone do not establish how much of the decline came from traders exiting the market.<\/span><\/p>\n

    Nevertheless, the contraction suggests the rebound is occurring against a weaker derivatives backdrop rather than a clear expansion in speculative participation.<\/span><\/p>\n

    Santiment data showed PI\u2019s social dominance at 0.13%, following a rise to 0.14% the previous day.<\/span><\/p>\n

    The readings indicate continued discussion about the token despite its recent losses.<\/span><\/p>\n

    However, social attention does not necessarily translate into purchases. Elevated conversation alongside falling open interest presents a mixed picture: PI remains visible to market participants, but that attention has yet to demonstrate a sustained improvement in demand.<\/span><\/p>\n

    Pi Network faces resistance near $0.0827<\/h2>\n

    PI\u2019s recovery began near $0.0801, but the token continued to trade below the 23.6% Fibonacci retracement at $0.0827, measured between $0.1341 and $0.0704.<\/span><\/p>\n

    Reclaiming $0.0827 would be an initial step toward strengthening the rebound. A sustained move above it could bring the 50-day exponential moving average at $0.0902 into focus.<\/span><\/p>\n

    The 200-day EMA stands considerably higher at $0.1247. Trading beneath both averages keeps the broader technical structure bearish despite Thursday\u2019s gain.<\/span><\/p>\n

    \"PI\/USD<\/p>\n

    The daily Relative Strength Index hovered around 38, indicating weak momentum without reaching the conventional oversold threshold.<\/span><\/p>\n

    Meanwhile, the MACD line moved below its signal line in negative territory, reinforcing the bearish momentum reading.<\/span><\/p>\n

    Immediate structural support remains at $0.0801. A sustained break below that level would expose the Fibonacci anchor around $0.0704, where buyers could attempt to establish a firmer base.<\/span><\/p>\n

    For now, Thursday\u2019s bounce remains tentative. Holding $0.0801 and reclaiming $0.0827 would improve the near-term setup, while continued weakness would increase the risk of another leg lower.<\/span><\/p>\n

    \n
    \n
    Share this article<\/h6>\n
    \n
    Categories<\/h6>\n
    \n
    Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n

    Analysis,pi#Network #dips #falling #Open #Interest #leaves #support #risk1791453125<\/p>\n","protected":false},"excerpt":{"rendered":"

    Key takeaways The token traded near $0.0823, recovering modestly from support at $0.0801. Futures open interest fell to $8.94 million from $10.38 million, a decline of approximately 14%. PI faces resistance at $0.0827 and $0.0902, while a break below $0.0801 could expose $0.0704. Pi Network is trading lower on Thursday, offering a modest pause in<\/p>\n","protected":false},"author":1,"featured_media":14217,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-14216","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eurozone"],"yoast_head":"\nPi Network dips 1% as falling Open Interest leaves $0.0801 support at risk - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Pi Network dips by 1% to $0.0824 as futures open interest falls 14%. PI faces $0.0827 resistance, with key support at $0.0801.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=14216\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pi Network dips 1% as falling Open Interest leaves $0.0801 support at risk\" \/>\n<meta property=\"og:description\" content=\"Pi Network dips by 1% to $0.0824 as futures open interest falls 14%. PI faces $0.0827 resistance, with key support at $0.0801.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=14216\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-10-08T09:52:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/10\/Floating-Pi-coin-falling-PI_USD-chart.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1672\" \/>\n\t<meta property=\"og:image:height\" content=\"941\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=14216\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=14216\",\"name\":\"Pi Network dips 1% as falling Open Interest leaves $0.0801 support at risk - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=14216#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=14216#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/10\/Floating-Pi-coin-falling-PI_USD-chart.png\",\"datePublished\":\"2026-10-08T09:52:05+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"Pi Network dips by 1% to $0.0824 as futures open interest falls 14%. PI faces $0.0827 resistance, with key support at $0.0801.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=14216#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=14216\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=14216#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/10\/Floating-Pi-coin-falling-PI_USD-chart.png\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/10\/Floating-Pi-coin-falling-PI_USD-chart.png\",\"width\":1672,\"height\":941},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=14216#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Pi Network dips 1% as falling Open Interest leaves $0.0801 support at risk\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto & Bitcoin News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptonews.uk.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\",\"name\":\"\u884c\u653f\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"caption\":\"\u884c\u653f\"},\"sameAs\":[\"http:\/\/demo3.aiwalls.com\/coinbase\"],\"url\":\"https:\/\/cryptonews.uk.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Pi Network dips 1% as falling Open Interest leaves $0.0801 support at risk - Crypto News: Latest Cryptocurrency News and Analysis","description":"Pi Network dips by 1% to $0.0824 as futures open interest falls 14%. PI faces $0.0827 resistance, with key support at $0.0801.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptonews.uk.com\/?p=14216","og_locale":"en_US","og_type":"article","og_title":"Pi Network dips 1% as falling Open Interest leaves $0.0801 support at risk","og_description":"Pi Network dips by 1% to $0.0824 as futures open interest falls 14%. PI faces $0.0827 resistance, with key support at $0.0801.","og_url":"https:\/\/cryptonews.uk.com\/?p=14216","og_site_name":"Crypto News: Latest Cryptocurrency News and Analysis","article_published_time":"2026-10-08T09:52:05+00:00","og_image":[{"width":1672,"height":941,"url":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/10\/Floating-Pi-coin-falling-PI_USD-chart.png","type":"image\/png"}],"author":"\u884c\u653f","twitter_card":"summary_large_image","twitter_misc":{"Written by":"\u884c\u653f","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cryptonews.uk.com\/?p=14216","url":"https:\/\/cryptonews.uk.com\/?p=14216","name":"Pi Network dips 1% as falling Open Interest leaves $0.0801 support at risk - Crypto News: Latest Cryptocurrency News and Analysis","isPartOf":{"@id":"https:\/\/cryptonews.uk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptonews.uk.com\/?p=14216#primaryimage"},"image":{"@id":"https:\/\/cryptonews.uk.com\/?p=14216#primaryimage"},"thumbnailUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/10\/Floating-Pi-coin-falling-PI_USD-chart.png","datePublished":"2026-10-08T09:52:05+00:00","author":{"@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf"},"description":"Pi Network dips by 1% to $0.0824 as futures open interest falls 14%. PI faces $0.0827 resistance, with key support at $0.0801.","breadcrumb":{"@id":"https:\/\/cryptonews.uk.com\/?p=14216#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptonews.uk.com\/?p=14216"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/?p=14216#primaryimage","url":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/10\/Floating-Pi-coin-falling-PI_USD-chart.png","contentUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/10\/Floating-Pi-coin-falling-PI_USD-chart.png","width":1672,"height":941},{"@type":"BreadcrumbList","@id":"https:\/\/cryptonews.uk.com\/?p=14216#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptonews.uk.com\/"},{"@type":"ListItem","position":2,"name":"Pi Network dips 1% as falling Open Interest leaves $0.0801 support at risk"}]},{"@type":"WebSite","@id":"https:\/\/cryptonews.uk.com\/#website","url":"https:\/\/cryptonews.uk.com\/","name":"Crypto News: Latest Cryptocurrency News and Analysis","description":"Latest Crypto & Bitcoin News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptonews.uk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf","name":"\u884c\u653f","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","caption":"\u884c\u653f"},"sameAs":["http:\/\/demo3.aiwalls.com\/coinbase"],"url":"https:\/\/cryptonews.uk.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/14216","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14216"}],"version-history":[{"count":0,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/14216\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/media\/14217"}],"wp:attachment":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}