Pi Network Falls Below $0.09 After Rebound Fails

Overview

• Pi traded around $0.088 on Sept. 23–24 after an intraday rally to about $0.0926 failed to hold and left the token under $0.09.
• Short-term momentum has weakened with PI sitting below its 20, 50, 100 and 200 day EMAs and the daily MACD turned negative.
• A 4‑hour Supertrend near $0.0861 is the nearest technical support and a break below $0.085 would expose the $0.080–$0.083 zone and July lows near $0.07.
• The Pi Core Team said more than 417,000 previously flagged accounts can resume KYC, about 497,000 wallets remain stuck in migration pending an update, and mainnet nodes must upgrade to Protocol v27.
• Large scheduled unlocks of roughly 1.21 billion PI during 2026 and the unblocking of accounts could increase transferable supply if holders move tokens to exchanges, making node upgrades and migration fixes key factors for future liquidity.