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Pi Network (PI) Holds Steady as Traders Await Clear Market Direction
Pi Network (PI) Holds Steady as Traders Await Clear Market Direction
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
Pi Network’s native token PI continues to trade in a narrow range between $0.617 support and $0.68 resistance, reflecting market indecision. Technical indicators present mixed signals, with Ichimoku Cloud analysis showing PI positioned within the cloud—a sign of trend uncertainty. The price’s position between the Kijun-sen baseline and Tenkan-sen conversion line further indicates weak momentum without a clear directional bias.
Traders are on the lookout for a decisive breakout above resistance or a breakdown below support to establish the next trend. The upcoming trading sessions will be critical in determining whether PI can gather enough bullish momentum to overcome current technical barriers.
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