Pi Coin's price increased by 4% over the past 24 hours, despite a net outflow of 2.03 million PI from exchanges. The cryptocurrency is trading near the $0.20 support level, a critical threshold for market watchers. Despite the price uptick, large holders continue to sell, maintaining a negative overall flow. Technical indicators suggest ongoing challenges for Pi Coin. The Chaikin Money Flow remains below zero, indicating weak buying pressure, while the Relative Strength Index (RSI) points to limited buyer momentum. Analysts suggest that unless Pi Coin's price surpasses $0.23, sellers are likely to maintain control over the market trend.