Pi Network (PI) Price Prediction: The bearish momentum of Pi coin weakens, and Whale "increased" trading activity has risen. Pi Network (PI) rebounded from a short-term low, currently reporting $0.4509 during the Asian afternoon session today (21). Large transactions in the past 24 hours indicate increased whale activity at lower price levels. Technical outlook shows that bearish momentum is weakening, suggesting a possible breakout from the consolidation range. Pi App Studio enhances developer activity on Pi Network. Pi App Studio is an AI-driven no-code platform launched on Pi Network on Pi2Day (June 18). An announcement released on Sunday shows that over 7,600 chatbot applications and 14,100 custom applications have been built with the help of Pi App Studio. The increase in developer activity on Pi Network signifies the continuous growth of the ecosystem. Pi coin whales adopt strategic allocation measures. PiScan data shows that the three largest transactions in the past 24 hours involved over 18 million Pi coins. Among them, the largest transaction involved the transfer of 10 million Pi coins from GDIRB4…MRZNFL to GBE2AI…NUV6Q71166, valued at $5.26 million. Notably, the other two largest transactions were transfers of 3.32 million and 3.26 million Pi coins to the GDIRB4…MRZNFL wallet, respectively. This indicates that whales are strategically allocating Pi coins. Pi coin price analysis shows a slight rise within the green-marked consolidation range on the daily chart. The rebound is struggling to break through the 50-period exponential moving average (EMA) at $0.4518, which has become a dynamic resistance level. If the daily closing price is above the upper limit of the consolidation range at $0.4547 or the 50-period EMA, a breakout rebound may continue to the resistance level at $0.4734, last tested on July 14. The relative strength index (RSI) on the 4-hour chart is at 54, slightly above the midpoint, giving a neutral signal. The smoothed moving average convergence/divergence (MACD) and its signal line are showing an upward trend, gradually approaching the zero line. The continuous growth trend of the green histogram bars indicates that bullish momentum is strengthening. Nevertheless, investors must remain cautious, as the bullish momentum shift on the 4-hour chart reflects short-term changes and may lead to false breakouts. On the downside, if Pi coin reverses from the 50-period EMA within the range, it may retest the lower limit at $0.4369. If the closing price decisively falls below this level, the range will fail, and the downtrend may continue to the July 15 low of $0.4204.