Pi Token Faces Critical Support Test as Market Sentiment Wavers
The Pi token is currently testing a crucial support zone between $0.223 and $0.225, a level that has sustained its uptrend since October. A breakdown below this range could trigger a rapid decline toward $0.20, with further downside risk to $0.18, as liquidity appears thin beneath these levels.
Technical indicators are signaling caution: the 50-day moving average is now acting as resistance, while the RSI momentum has broken below its own support line. The token has faced three rejections in the $0.25–$0.27 range since mid-November, highlighting persistent selling pressure.
The current market structure reflects broader crypto market conditions—tight trading ranges, declining volume, and an atmosphere of calm before potential volatility. Traders are closely monitoring for either a decisive breakdown or a last-minute rebound to gauge the next directional move.
