Pi Network July Prediction Depends on These Key Technical Factors

Pi Network price is up 1.21% today, June 27, to trade at $0.128 at the time of writing. The price of PI opened the month of June trading at $0.14, meaning that it has dropped by 8.5% in June alone, which is a minuscule dip compared to the 16% drop seen by Bitcoin (BTC).

With July drawing near, three technical factors: a crucial support level of $0.12, 103.7 million token unlocks, and open interest, will determine how the price of Pi Coin will perform in July.

Key Support Level Needs to Hold in July

Pi Network has tested the $0.12 support level seven times in June, and it needs to defend it in July to avoid panic selling that might make the price drop.

This support level is near the all-time low of $0.118, suggesting that buyers are viewing it as 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 a lot of selling pressure coming from traders abandoning crypto assets after Bitcoin price dropped to $58,000 on July 25.

Pi Network might move below $0.12 and test the psychological support level of $0.10 in July if the sentiment in the crypto market remains as bearish as it was in June.

The RSI reading of 41 also supports a bearish long-term Pi Network price prediction. This RSI reading needs to move above 50 for PI to reclaim the June 1 high of $0.14.

103.7M Token Unlocks Will Weigh on Pi Network Price in July

Data from Pi Scan shows that 103.7 million PI tokens are going to be unlocked in July. This will be 27 million higher than the 76 million Pi Coins unlocks in June.

These 103.7 million Pi Coins are going to increase the number of coins that are available on exchanges, which might pull the price down in July if the demand is low.

These unlocks are also happening at a time when many new buyers are hesitant to buy crypto after the market cap of all crypto assets dropped by $2.3 trillion in the last eight months.

This means that Pi Coin largely depends on its old buyers to keep buying more coins in July for the price to rise. If they also become hesitant to absorb the 103.7 million coins, the price of Pi Network might move to $0.10 in July.

Derivatives Market Activity For Pi Network Needs to Rise in July For Price to Move

The open interest for Pi Network dropped from $28 million on June 1 to $20 million on June 27, with this drop suggesting that the demand for Pi Coin has declined.

If this open interest remains at $20 million in July, the Pi Network price will stall near the support level of $0.12 because there will be no demand to push the price up.

Data from Coinalyze also supports that Pi Network price gains when the open interest is rising as seen on May 6, 2026, when the open interest reached $35 million, and PI price rose to $0.18.

A similar rise in OI in July might not only help Pi Coin to defend the support level of $0.12, but also reach the June high of $0.149.