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BTCC / BTCC Square / Global Cryptocurrency /
Pi Network Tests Critical Support at $0.5524 Amid Bearish Signals

Pi Network Tests Critical Support at $0.5524 Amid Bearish Signals

Author:
Global Cryptocurrency
Published:
2025-04-29 14:06:45
18
1
[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -

Pi Network’s price is hovering NEAR a crucial support level at $0.5524 after slipping to $0.58, testing the lower end of its $0.59-$0.67 trading range. Technical indicators show increasing bearish pressure, with the RSI nearing oversold levels and the MACD histogram flattening—a sign of weakening momentum.

The project faces additional challenges from token dilution, with 21.4 million PI tokens unlocked in April and a scheduled 131 million monthly release on the horizon. Traders are watching for either a technical breakdown or decisive action from the Pi Foundation to shift market sentiment.

|Square

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