{"id":9131,"date":"2026-05-15T16:08:58","date_gmt":"2026-05-15T16:08:58","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=9131"},"modified":"2026-05-15T16:08:58","modified_gmt":"2026-05-15T16:08:58","slug":"pi-faces-corrective-pressure-as-token-struggles-below-0-17","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=9131","title":{"rendered":"PI faces corrective pressure as token struggles below $0.17"},"content":{"rendered":"<p><\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/05\/ChatGPT-Image-May-15-2026-04_30_02-PM-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/05\/ChatGPT-Image-May-15-2026-04_30_02-PM-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/05\/ChatGPT-Image-May-15-2026-04_30_02-PM-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/05\/ChatGPT-Image-May-15-2026-04_30_02-PM-smartcrop-363x181.png\" type=\"image\/jpeg\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/05\/ChatGPT-Image-May-15-2026-04_30_02-PM.png\" alt=\"PI drops below the $0.1700 level.\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<p><span style=\"font-weight: 400;\">Key takeaways<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Pi Network extends losses on Friday as a 50-period EMA caps short-term recovery attempts.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The token could drop below the $0.1600 if the bearish trend persists.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Pi Network (PI) extended losses on Friday, risking a bearish breakout from its short-term consolidation on the 4-hour chart.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The token remains capped by the 50-period Exponential Moving Average (EMA) at $0.1733, limiting recovery despite the recent launch of vibe coding features within the Pi ecosystem.<\/span><\/p>\n<h2><strong>Vibe coding features aim to boost ecosystem development<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">The Pi Network has introduced vibe coding tools for developers, enabling the conversion of AI-assisted apps\u2014from platforms like Codex, Claude Code, Replit, Cursor, and Lovable\u2014into Pi Apps.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This integration could reduce app development time and strengthen the ecosystem, which boasts over 60 million engaged users.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\"><strong>Technical outlook: correction pressure persists<\/strong><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The PI\/USD 4-hour chart remains bearish and efficient as PI is down by more than 2% in the last 24 hours.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">PI is currently under a corrective bias, capped by the 50-period EMA at $0.1733 on the 4-hour chart and the 200-period EMA at $0.1771.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The pair also sits below a nearby downtrend resistance line around $0.1741, reinforcing the upside barrier.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the bulls regain control, initial resistance would be seen at the 50-period EMA at $0.1733 and the 200-period EMA at $0.1771 cap short-term upside. A nearby downtrend resistance line around $0.1741 adds to the barrier.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The momentum indicators also suggest that the bears are still in control.\u00a0 The Relative Strength Index (RSI) sits at 45, below the midline, signaling persistent selling pressure.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The MACD remains near-flat, suggesting weak, consolidative momentum rather than a decisive rebound.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-364809\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/05\/PIUSD_2026-05-15_16-23-27.png\" alt=\"PI\/USD 4H Chart\" width=\"1793\" height=\"836\"\/><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">However, if the bearish trend persists, immediate support would emerge at the S1 Pivot Point at $0.1645.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Pi Network\u2019s short-term outlook remains cautious, and traders should monitor both EMA and trendline levels for signs of a breakout or deeper correction.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>Analysis,pi#faces #corrective #pressure #token #struggles1778861338<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key takeaways Pi Network extends losses on Friday as a 50-period EMA caps short-term recovery attempts. The token could drop below the $0.1600 if the bearish trend persists.\u00a0 Pi Network (PI) extended losses on Friday, risking a bearish breakout from its short-term consolidation on the 4-hour chart.\u00a0 The token remains capped by the 50-period Exponential<\/p>\n","protected":false},"author":1,"featured_media":9132,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-9131","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eurozone"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PI faces corrective pressure as token struggles below $0.17 - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"PI is down by 2% in the last 24 hours, dropping below the $0.1700 psychological level, with the bears still in control.\" \/>\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=9131\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PI faces corrective pressure as token struggles below $0.17\" \/>\n<meta property=\"og:description\" content=\"PI is down by 2% in the last 24 hours, dropping below the $0.1700 psychological level, with the bears still in control.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=9131\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-15T16:08:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/05\/ChatGPT-Image-May-15-2026-04_30_02-PM.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1536\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\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=9131\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=9131\",\"name\":\"PI faces corrective pressure as token struggles below $0.17 - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=9131#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=9131#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/05\/ChatGPT-Image-May-15-2026-04_30_02-PM.png\",\"datePublished\":\"2026-05-15T16:08:58+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"PI is down by 2% in the last 24 hours, dropping below the $0.1700 psychological level, with the bears still in control.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=9131#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=9131\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=9131#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/05\/ChatGPT-Image-May-15-2026-04_30_02-PM.png\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/05\/ChatGPT-Image-May-15-2026-04_30_02-PM.png\",\"width\":1536,\"height\":1024},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=9131#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"PI faces corrective pressure as token struggles below $0.17\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; 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