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Pi Network Faces Critical Resistance as Investor Sentiment Cools
Pi Network Faces Critical Resistance as Investor Sentiment Cools
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
Pi Network’s native token is struggling to maintain momentum above $0.66 amid migration concerns and declining holder activity, currently trading at $0.65 with weak technical indicators pointing to bearish pressure.
Market analysts highlight stagnation in network growth, with only 14,952 active holders and no significant influx of new participants. "We’re witnessing a quiet exit of early adopters," says market observer Aaryamann Shrivastava, noting eroding confidence in the project’s short-term prospects.
Technical signals appear concerning—the RSI hovers at 40.27 while trading volume continues to shrink. This tightening price action often precedes major breakout or breakdown movements, leaving traders watching for decisive momentum shifts.
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