#PI Pi Network (PI) Price Prediction: The bearish momentum of Pi coin is weakening, and the trading activity of Whales has increased. Pi Network (PI) has rebounded from the short-term low, and today (21st) it is temporarily reported at 0.4509 USD during the Asian afternoon session. Large transactions in the past 24 hours indicate that Whale activity at lower price levels has increased. The technical outlook shows that bearish momentum is weakening, suggesting a possible breakout from the consolidation range. Pi App Studio has enhanced 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 showed that more than 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 indicates the continuous development of the ecosystem. Pi coin Whales are taking strategic allocation measures. PiScan data shows that the three largest transactions in the past 24 hours involved over 18 million Pi coins. The largest transaction transferred 10 million Pi coins from GDIRB4…MRZNFL to GBE2AI…NUV6Q71166, worth 5.26 million USD. Notably, the other two largest transactions involved transferring 3.32 million and 3.26 million Pi coins to the GDIRB4…MRZNFL wallet. This indicates that Whales have made strategic allocations in 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 USD, becoming a dynamic resistance level. If the daily Closing Price is above the upper limit of the consolidation range at 0.4547 USD or the 50-period EMA, it may continue the breakout rebound to the resistance level of 0.4734 USD, the last test of which was on July 14. The Relative Strength Index (RSI) on the 4-hour chart is at 54, slightly above the midpoint, indicating a neutral signal. The Smoothed Moving Average Convergence/Divergence (MACD) and its signal line show an upward trend, gradually approaching the zero line. The continuous growth trend of the green histogram bars indicates that bullish momentum is strengthening. Nonetheless, 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 re-test the lower limit at 0.4369 USD. A decisive drop below this level would invalidate the range, with the downtrend potentially continuing to the low of 0.4204 USD on July 15.