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