BTCC
/
BTCC Square
/
Global Cryptocurrency
/
PI Network Plummets Toward All-Time Low as Sell-Off Intensifies
PI Network Plummets Toward All-Time Low as Sell-Off Intensifies
18
3
[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
PI Network's price continues its sharp decline, now approaching its historical low of $0.32. The altcoin has fallen 4% today, breaking below the critical $0.37 support level that had held since August 1.
Trading volume spiked 104% amid the price drop, indicating heavy selling pressure. The Balance of Power indicator sits at -0.66 and continues to trend downward, confirming strong bearish momentum as demand for Pi dwindles.
Market participants are rapidly exiting positions, with no significant buying activity to halt the downward movement. The combination of increasing volume and decreasing price presents a concerning technical outlook for the struggling token.
By:
