Pi Coin has experienced significant volatility recently, reaching a high of $1.70 before dropping more than 50% in just two days. Currently, the token struggles to maintain above $0.81, facing challenges on its path to recovery due to several resistance points. 29th place in the crypto market following recent price fluctuations, raises questions about Pi Coin’s future. The upcoming unlocks of millions of tokens coupled with missed expectations has added to market uncertainty. Analysts suggest a strong rebound may be difficult without major news. However, if Pi achieves significant app development and secures listings on platforms like Binance or Coinbase, it might aim for the $1.50 mark by month-end. A more optimistic scenario envisions a potential surge toward $2.50 by Q4 2025. Technical indicators from Trading View show neutral signals, with no strong momentum in either direction. While the RSI is at 53.55, neither oversold nor in overbought conditions, and MACD provides a slight bullish signal, indicating potential upward momentum. A significant concern for investors is the large number of Pi tokens unlocking in the coming days, potentially leading to increased selling pressure, as around 14.6 million tokens are set to be unlocked on May 13th. The total unlock amount over the next 30 days totals $234.6 million. A major development for Pi Network is its move towards full decentralization. The permanent shutdown of its central coordinating node marks a significant step toward greater independence and community control. This transition could potentially boost demand for Pi Coin in the long run, but price fluctuations will be influenced by factors like market conditions, network adoption, and app functionality.