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PI Coin Faces Bearish Signals Despite Strong Retail Support: Death Cross Looms

PI Coin Faces Bearish Signals Despite Strong Retail Support: Death Cross Looms

Published:
2025-05-27 11:32:14
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -

Pi Coin, despite amassing over 4 million votes as the most bullish cryptocurrency in CoinMarketCap’s top 100, is encountering growing skepticism. The project’s dual perception—as either a short-term trading opportunity or a long-term developmental gamble—has created a divided market sentiment.

Technical indicators now lean bearish, with analysts highlighting a prominent "death cross" pattern characterized by SMA crossovers and a declining MACD. Pi Barter Mall’s recent post on X reinforces these warning signs, indicating potential momentum loss even amid strong retail enthusiasm.

|Square

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