PiChain Global is reportedly making moves toward Hong Kong, but the timing could hardly be more awkward. PI crypto coin has shed another -10% this week, breaking below the $0.13 support level that traders had been watching closely.
Whether the Hong Kong angle becomes a genuine catalyst or just noise depends almost entirely on what happens at one very stubborn price level. After weeks of struggling to hold $0.13, PI finally lost that battle. Sellers have been building momentum since mid-May, with the volume profile showing sustained selling pressure that peaked exactly when $0.13 gave way.
Buyers staged a brief comeback earlier this week, nudging the price back toward that level, but the rebound didn’t stick. Bulls and bears are still locked in a standoff at $0.13, and whoever blinks first will likely set the tone for weeks ahead.
The broader picture remains fragile. With $0.10 emerging as the next logical target for sellers, PI holders are bracing for a potentially uncomfortable few weeks, and the market’s appetite for risk isn’t exactly roaring back right now.
Can PI Crypto Price Reclaim $0.13, or is $0.10 the Next Stop
$PI pic.twitter.com/K14BYsckLY
— Nehal (@nehalzzzz1) June 8, 2026
The technical setup for PI crypto is, bluntly, not great. Price broke below $0.13, which now flips to resistance, and the path of least resistance points toward $0.10. That figure isn’t arbitrary; it represents a round-number psychological magnet that sellers tend to target when broader support collapses.
Volume tells a concerning story. Higher selling volume since mid-May, culminating in last week’s breakdown, suggests this isn’t a routine dip. It looks more like a distribution, larger holders offloading into any bounce.
There is one technical silver lining worth acknowledging (grudgingly): the daily Relative Strength Index has printed a higher low even as price made a lower low. That’s a classic bullish divergence setup. If PI can bottom somewhere below $0.13 and then grind higher with improving momentum, that divergence could mark the turning point. Could. The keyword is conditional.
Three scenarios:
- Bull case: PI reclaims $0.13 with convincing volume, RSI divergence confirms, and price targets a recovery toward $0.17–$0.18.
- Base case: PI oscillates between $0.10 and $0.13 for several weeks, building a base before any meaningful move higher.
- Bear case: $0.13 resistance holds firm, sellers push PI to $0.10 and below, with no divergence follow-through.
It’s also worth flagging that PI’s price data comes primarily from unofficial peer-to-peer markets rather than regulated exchanges with transparent order books. Any price targets here are analytical observations, not guarantees; the data infrastructure simply isn’t what you’d find with a fully listed asset.
DISCOVER: Best Meme Coin ICOs to Invest in 2026
LiquidChain Targets Early-Mover Upside as PI Tests Key Levels
Watching a coin bleed toward $0.10 while waiting for a divergence to “maybe” confirm is a particular kind of patience tax. Some traders in this position start asking a different question entirely: where is the asymmetry right now?
LiquidChain is one project attracting that kind of attention. It’s a Layer 3 infrastructure play with a straightforward pitch: fuse the liquidity of Bitcoin, Ethereum, and Solana into a single execution environment.
Developers deploy once and access all three ecosystems. That’s the problem it’s solving, the chronic fragmentation that makes cross-chain development painful. The technical architecture behind this approach is explored in depth for anyone who wants to go deeper into the mechanics.
The presale is currently priced at $0.01468, with $832,783.57 raised so far. Key features include a Unified Liquidity Layer, Single-Step Execution, Verifiable Settlement, and a Deploy-Once Architecture.
For those rotating out of sideways trades, researching LiquidChain is a reasonable next step. Earlier coverage from a similar period of market pressure explains why the cross-chain thesis resonated even amid choppy conditions.
EXPLORE: Best Crypto Presales With Asymmetric Upside in the Current Market
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