Pi Network’s price is up 1.21% today, June 27, trading at $0.128 at the time of writing. The PI price opened June trading at $0.14, meaning it fell 8.5% in June alone, a slight decline compared to the 16% decline seen by Bitcoin (BTC).
Heading into July, three technical factors: the crucial support level of $0.12, the opening of 103.7 million tokens, and open interest, will determine how the Pi Coin price performs in July.
The key support level in July should be maintained
Pi Network tested the $0.12 support level seven times in June, and needs to defend it in July to avoid panic selling that could send prices lower.
This support level is located near the all-time low at $0.118, which indicates that buyers consider it a good price to buy Pi Coin, which is why it has bounced seven times since testing this support level.
But Pi Network is under significant selling pressure as traders subsequently dump the cryptocurrency assets Bitcoin price fell to $58,000 On July 25th.
Pi Network may move below $0.12 and test the psychological support level of $0.10 in July if sentiment in the cryptocurrency market remains bearish as it was in June.
The Relative Strength Index reading of 41 also supports the downward trend Long-term Pi Network price prediction. This RSI reading needs to move above 50 for the PI to reclaim the June 1 high of $0.14.
103.7 million tokens will influence the price of Pi Network in July
Data from Pi Scan shows that 103.7 million PI tokens will be opened in July. This would be 27 million higher than the 76 million Pi coins unlocked in June.
These 103.7 million Pi tokens will increase the number of coins available on exchanges, which could cause the price to drop in July if demand is low.
these It opens It also occurs at a time when many new buyers are hesitant to buy cryptocurrencies after the market value of all crypto assets fell by $2.3 trillion in the past eight months.
This means that Pi Coin is largely relying on old buyers to continue buying more coins in July until the price rises. If they also hesitate to hold 103.7 million coins, Pi Network’s price could rise to $0.10 in July.
Pi Network derivatives market activity needs to rise in July for the price to move
Pi Network’s open interest decreased from $28 million on June 1 to $20 million on June 27, and this decrease indicates a decrease in demand for Pi Coin.
If this open interest remains at $20 million in July, Pi Network price will stop near the $0.12 support level because there will be no demand to push the price higher.
Data from Coinalyze also supports Pi Network price gains when open interest rises as seen on May 6, 2026, when open interest reached $35 million and the PI price rose to $0.18.
A similar rise in OI in July may not only help Pi Coin defend the $0.12 support level, but it may also reach the June high of $0.149.
