Pi Coin Lost 9% in a Week Amid Daily Token Unlocks — Key Support and Resistance Levels

This decline comes as daily token unlocks continue to introduce substantial amounts of PI into the circulating supply, adding sell-side pressure to the market.

Token Unlock Dynamics

Between May 31 and June 6, daily unlocks ranged from 7.35 million to 12.5 million PI tokens, translating to dollar values between $5.08 million and $8.65 million. These consistent inflows of new tokens increase available liquidity but also raise the risk of short-term price dilution, particularly if demand does not keep pace with the expanding supply.

With a circulating supply now at 7.26 billion PI out of a total 100 billion max supply, the unlock schedule is a key macro factor shaping near-term price action.

Price Action and Technical Levels

From a technical perspective, PI has been in a steady downtrend since mid-May, slipping from highs near $0.77 to current levels around $0.69. The chart shows strong bearish momentum, especially after breaching the $0.72 support zone, which now acts as resistance.

Key Levels

Immediate Resistance: $0.720 – $0.730 zone (former support turned resistance) Critical Resistance: $0.769 – weekly high level Immediate Support: $0.675 – psychological and chart-based level

Major Support Zone: $0.640 – last major consolidation floor

If Pi fails to reclaim and hold above the $0.72 area, further downside could test the $0.675 and $0.640 support levels. However, reclaiming the $0.72–$0.73 band could open the door for a bounce toward $0.76 and beyond.

Conclusion

The combination of daily token unlocks and a lack of strong buying volume is placing Pi under sustained selling pressure. Until the token supply inflow eases or demand rises, the price could remain under strain. Traders should monitor unlock volumes and key support/resistance zones closely for signs of stabilization or reversal.

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