Pi Network (PI) Poised for Volatility Breakout as Technicals Signal Imminent Move

BTCC / BTCC Square / Global Cryptocurrency /

Author:

Release Time:

2025-05-07 17:42:31

[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN] PI News -

Pi (PI) has gained 0.6% to $0.5818 as selling pressure eases, with trading volumes plummeting to $38.4 million from April’s $1.5 billion peak. The shrinking liquidity and tightening price range typically precede significant price movements—Bollinger Band compression indicates an approaching volatility spike.

While Mainnet migrations continue flooding the market with unlocked tokens, creating bearish supply pressure, technical patterns suggest building momentum. Traders are divided on whether PI will challenge resistance levels or break down toward lower support zones.

By:

Log in to Reply

SFT Protocol and Self Chain Partner to Revolutionize Web3 Interactions

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.