PI Network Stages Resilient Rebound as Market Conditions Stabilize
Pi Network (PI) is showing signs of recovery after a volatile May, with its price currently at $0.84—marking an 8% daily gain and a 30% monthly increase. Trading volume surged 150% to $548 million, indicating renewed investor interest following a sharp 50% decline earlier in the month.
While bullish momentum has defended the $0.74 support level, Pi remains 77% below its February all-time high of $2.99. Technical indicators reflect cautious optimism, with the RSI at a neutral 54, but project-specific challenges may hinder a sustained rally beyond the $1 threshold.