PI Coin (Pi Network $PI) Wave Pattern (Elliott Wave) Analysis

(Data as of February 26, 2026, real-time, price ≈ $0.169 – $0.171, +2.2% to +3.5% over 24h. Pure technical analysis, not investment advice. DYOR.)

I have used the Full Wave System Tool (Elliott impulse waves 12345, correction waves ABC, triangle waves ABCDE, XABCD harmonic, ZigZag swings, wave channels, speed resistance fans/arcs, Fibonacci ratios, etc.) combined with multi-factor confirmation (EMA, MACD, RSI, BOLL, SuperTrend, Aroon, DPO, TD Sequential, SMC order blocks, Volume, etc.) to structurally analyze PI daily and 4H charts.

Overall Wave Pattern Judgment (Daily Level)

Since PI’s all-time high (≈$2.98) in February 2025, it has entered a large-scale bear market correction, currently in the early stage of Wave 4 or new cycle Wave 1:

• Large Cycle Structure: The 2025 high marks the end of Major Impulse Wave 5 (or the peak of large ABC correction Wave A). Followed by a large ABC correction:
  • Wave A: Rapid decline to mid-2025 lows
  • Wave B: Rebound (false breakout)
  • Wave C: Extended decline to ATL $0.1312 (Feb 11, 2026), matching Fibonacci extension of Wave C=1.618×Wave A (classic ending pattern)
• Current Position: Starting from ATL $0.1312, new cycle Wave 1 begins (or Wave 4 of large correction rebound). Current price at $0.17 is in the early stage of sub-wave 3 or 5 of Wave 1, forming an early extension of impulse waves 12345, but not fully confirmed (needs to break through $0.191–0.20 to confirm Wave 3).

Key Wave Points + Fibonacci Levels

4H Short-term Pattern (More Precise)

• Currently in sub-wave 3 extension of small impulse wave (ZigZag shows clear low reversal).
• If retraces to around $0.158 forming ABCD harmonic or small ABC correction, + RSI bullish crossover + MACD bullish crossover = very strong buy signal.
• If directly stabilizes above $0.175 with volume → confirm small triangle wave ABCDE completed, entering accelerated Wave 3.

Multi-Factor Buy Confirmation (Integrated System)

1. Pattern: ZigZag confirms Wave 2 bottom + Elliott ABC correction complete + XABCD D point at 0.786
2. Trend: SuperTrend turns green + Aroon Up dominant + EMA9/21 bullish crossover
3. Momentum: MACD bullish crossover + DPO crosses above zero + TD Sequential buy 13
4. Volume: Volume/OBV expanding + CMF>0 + VPVR high-volume support zone
5. Volatility: BOLL bandwidth contraction then expansion + ATR rising

Current conclusion: PI is in the early impulse Wave 1 of bear market bottom recovery, safest entry is during retracement to $0.153–$0.158 (Wave 2 correction zone). Once surpassing $0.175 (50EMA + upper wave channel), Wave 3 will be confirmed, with short-term target $0.191–$0.20. Risk: if falls below $0.153 (extended large C wave), may enter deeper correction (triangle ABCDE or failed wave).

• Gradual accumulation: buy 30% near $0.158, another 30% at $0.153
• Stop-loss: below $0.153, 1.5–2× ATR (current ATR≈0.005–0.008)
• Take profit: risk-reward ratio 1:2.5 or partial exit at Wave 3 target