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Pi Network’s Struggle: Dead-Cat Bounce or True Reversal?
Pi Network’s Struggle: Dead-Cat Bounce or True Reversal?
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
Pi Network (PI) has experienced a severe decline since its February launch, dropping from $2.99 to a historic low of $0.40 by early April—a nearly 90% crash. The token’s brief recovery has sparked debate: Is this a temporary dead-cat bounce or the beginning of a real turnaround?
Technical resistance at $0.75 now stands as a critical hurdle. Failing to break this level could confirm Pi’s bearish trend, while a successful breakout might indicate renewed momentum. With an upcoming project milestone, the next few days could be pivotal for this struggling asset.
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