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Pi Network Token Drops to $0.64 as Mainnet Uncertainty Looms, Analysts See Buying Opportunity
Pi Network Token Drops to $0.64 as Mainnet Uncertainty Looms, Analysts See Buying Opportunity
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
Pi Network's native token has fallen to $0.65, marking an 11% weekly decline due to migration delays and concerns about the mainnet launch. The token, which once briefly reached $3, is now testing critical support at $0.6494.
Technical indicators show Pi Coin trading below its 50-day EMA, with the RSI nearing oversold territory at 40. Resistance levels at $0.70 and $0.80 have consistently limited upward movement. "The $0.64 range presents a bargain for long-term investors," says crypto researcher Kim Wong, suggesting accumulation opportunities despite short-term challenges.
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