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Pi Network Shows Mixed Signals as Consolidation Continues
Pi Network Shows Mixed Signals as Consolidation Continues
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
Pi Network remains in a consolidation phase despite increasing inflows, as broader market pressures dampen short-term breakout potential. The Chaikin Money Flow (CMF) indicator suggests renewed investor interest, rising above the zero line after a week of low activity. However, this Optimism remains fragile, as the CMF uptick lacks confirmation from other technical indicators.
Bearish momentum continues on the MACD histogram, with diminishing red bars indicating persistent selling pressure. A clear bullish crossover WOULD signal potential upward movement, but Pi's price action remains range-bound for now. Trading at $0.64, the altcoin reflects the ongoing tension between growing demand and macroeconomic challenges.
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