Pi Network Price Prediction: Can PI Hold $0.0848 as Token Unlocks Add Selling Pressure?
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See what traders are focused on
- Pi trades near key support as bearish momentum keeps sellers firmly in control.
- Monthly PI token unlocks may increase selling pressure if demand stays weak.
- New Pi2Day products expand the ecosystem despite continued price weakness.
Pi Network continued to struggle this week as its price hovered near a crucial support level, leaving traders watching for the next major move. The token traded around $0.0864 after extending its prolonged decline, while technical indicators continued to favor sellers. At the same time, scheduled token unlocks introduced another factor that could influence short-term price action.
Bearish Trend Keeps Sellers in Control
The daily PI/USDT chart showed a well-established downtrend, with the token forming lower highs and lower lows. Price also remained below every major Fibonacci retracement level from the latest swing, confirming contin…
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