With momentum indicators hinting at subtle strength beneath the surface, Pi might be gearing up for an explosive breakout.
Mixed Signals in Money Flow – Accumulation or Distribution?
The recent Money Flow Index (MFI) reading of 56.67 places Pi in a neutral-to-bullish zone, suggesting moderate buying pressure without signs of overheating.
This level indicates that investors have been steadily accumulating since early October, maintaining healthy inflows.
Source: TradingView
However, the Chaikin Money Flow (CMF) sits at -0.14, implying that some capital continues to flow out of the asset.
This divergence suggests a tug-of-war between buyers and sellers. A move in the CMF back above zero could confirm a bullish shift in money flow.
PI Price Analysis: A Rare Falling Channel Pattern
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