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Pi Network Token Rebounds to $0.17, Eyes $0.20 Resistance Amid Supply Concerns

Pi Network Token Rebounds to $0.17, Eyes $0.20 Resistance Amid Supply Concerns

Author:

Global Cryptocurrency

Published:

2026-03-03 12:24:49

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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN] PI News -

Pi Network's token (PI) has surged to $0.17, recovering from a recent low NEAR $0.14, as technical indicators hint at short-term stabilization. The move comes amid improving momentum, with the RSI climbing above 50—though still shy of bullish territory.

The rally faces a critical test at the $0.19–$0.20 resistance zone, a level that previously marked breakdown pressure. A decisive breakout could target $0.22, but uncertainty lingers due to recent on-chain wallet transfers linked to the project's Core team, raising supply-side concerns.

Traders are watching for either confirmation of a trend reversal or a relapse into the bearish range that dominated earlier price action.

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