Pi Network Expands Global Utility Amid Price Dip: Can It Hold $0.55 Support?
Pi Coin faces mounting pressure as it trades just below $0.60, down over 4% in the past 24 hours. The asset drifts toward $0.55 support despite broader crypto market gains. Its RSI at 30 signals oversold conditions, suggesting limited recovery potential without sustained buying pressure.
Behind the price weakness, Pi Network pursues strategic partnerships with Southeast Asian and African e-commerce platforms. The project aims to establish itself as a cross-border micro-payment solution in underserved markets—a potential long-term value driver overshadowed by current technical headwinds.