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Pi Network Focuses on Global Utility Expansion Amid Price Slump: $0.55 Support in Sight
Pi Network Focuses on Global Utility Expansion Amid Price Slump: $0.55 Support in Sight
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
Pi Coin is under downward pressure, trading slightly below $0.60 after a 4% decline over the past 24 hours. The asset is testing support near $0.55 as the broader crypto market rallies. With the RSI at 30 indicating oversold conditions, recovery potential appears limited without sustained buying interest.
Technical analysts highlight the persistent downtrend while Pi remains below key trend lines. Behind the scenes, Pi Network is actively pursuing e-commerce partnerships to enhance utility—a strategic move that could shift market sentiment if successfully executed.
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