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BitMart Exchange Relists Pi Coin Amid Market Volatility: Will PI Break Key Support?
BitMart Exchange Relists Pi Coin Amid Market Volatility: Will PI Break Key Support?
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BitMart exchange News -
Pi Coin (PI) has fallen below the critical $0.60 level, showing a 3% daily decline and a 15% monthly drop. This underperformance contrasts with most major cryptocurrencies that have remained stable or positive.
The token has been range-bound between $0.59 and $0.67 since mid-April, with $0.58 now acting as crucial support. A breakdown could lead to further losses, though some traders see current prices as a buying opportunity.
Market sentiment remains mixed as BitMart resumes PI trading and Banxa reports significant account growth. These developments create tension between bullish catalysts and technical weakness ahead of potential price swings.
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