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Pi Network Faces Bearish Pressure Ahead of Monday’s Token Unlock
Pi Network Faces Bearish Pressure Ahead of Monday’s Token Unlock
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
Pi Network's token continues to struggle, trapped in a tight consolidation range between $0.43 and $0.46. The lack of decisive movement reflects weakening investor interest and persistent bearish sentiment.
Trading volume has dropped 38% to $60.82 million, indicating reduced participation from both bulls and bears. This combination of low volume and price stagnation often precedes a breakdown.
Market sentiment remains cautious as the current price hovers at $0.4412—a 0.97% decline on the day. The sideways action since mid-July suggests neither buyers nor sellers have gained control.
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