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Pi Coin Faces Bearish Pressure as Investor Confidence Wanes
Pi Coin Faces Bearish Pressure as Investor Confidence Wanes
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
Pi Coin's price has declined by 10% as investor exits accelerate, now trading just 9% above its all-time low. Early-week gains were unsustainable amid deteriorating market conditions, with the token currently testing critical support at $0.44.
Holder outflows surged throughout July, signaling declining trust in the project. With weak buying pressure and persistent sell-offs, the technical outlook remains bearish. The RSI's failed bullish crossover and drop below 50 further confirm weakening momentum.
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