Pi Network Shows Bearish Signals as Market Sentiment Shifts
Pi Network’s market outlook is turning bearish as technical indicators flash warning signs. The Chaikin Money Flow (CMF) metric has dropped below zero, indicating a shift from accumulation to distribution. Selling pressure now exceeds buying interest, suggesting potential downside in the NEAR term.
Market dynamics point to rising volatility. Squeeze momentum indicators reveal tightening compression, often a precursor to sharp price movements. With bearish momentum building, the path of least resistance appears downward. Traders are preparing for possible liquidation events if critical support levels are breached.