Pi Network price is at $0.1672 on April 15, with the daily MACD histogram at 0.0000 for the first time since the all-time low in February. The bearish phase may be losing momentum. The SMA ribbon remains bearish, and a close above $0.1715 is needed for recovery. The mainnet upgrade to Protocol v21 was completed on April 14. Unlocking of 230 million PI tokens in the next 30 days adds sell pressure. A whale address holds 350 million PI. Analysts note the challenge from daily token unlocks and identify $0.1715 as a key near-term target for recovery.

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