PI

Pi Network's native cryptocurrency, Pi Coin (PI), has experienced a significant price drop from its all-time high of $2.98 to around $0.3, representing an 88% decline. Despite this sharp fall, the coin is attempting to find support around the $0.3 mark, which could potentially signal a buying opportunity.

As long as he stays on 0.354472 in 4 -hour, it will continue to be in proportion to a possible sales printing.

PIUSDT trades at $0.353, just below resistance at $0.362. The altcoin remains trapped in a downtrend lasting more than three months. Attempts to break out have failed four times, leaving the token vulnerable and positioned close to its all-time low as selling pressure intensifies. If these conditions persist, PIUSDT could lose support at $0.344 . A decline to $0.322 would retest its all-time low, and continued selling may even push the price further down to $0.300. Such a move would confirm new weakness and mark fresh historic lows for the token. If PIUSDT breaks the downtrend and reclaims $0.362 as support, it could rally toward $0.401 . This move would stabilize the market structure and counter bearish conditions. A recovery of this magnitude would challenge the ongoing selling narrative and provide short-term relief for investors holding the token.

Currently the Pi network at a crucial support $0.33 ,if the support is broken it may fall more bearish. Right now, Pi network is still in the development phase. Please aware, this is not a financial advise. Please do make your own analysis.

The PI/USDT pair on the Daily timeframe presents a Potential Buying Opportunity. Target Levels: 1st Resistance – 0.4430 2nd Resistance - 0.5850

For months I have been following PI, it has been repeating the pattern of false breakout and rapid fall, but when we broke the liquidity of the .39 zone there the matter was different, we were able to break the ceiling of the wedge although with a strong retreat to the lowest support zone, now we have to enter volume to comply with the MONTHS analysis to go look for the first strong resistance zone

It will break after having a break in the bearish wedge and forming a descending channel, although it is very well positioned in terms of M.CAP, it is still low in volume, and the small amount in Circulation makes it difficult

Where is the Pi price will go.? If the resistance is broken, it maybe go to $0.90 Amd if the supports is broken again, the bearish will dominate more downside momentum.

At present, Pi Coin is priced at $0.40, attempting to hold above this level as support. While the price is distancing itself from its ATL, it remains trapped in a persistent downtrend. Unless there is a significant shift in investor sentiment, Pi Coin may struggle to break free from this ongoing decline. Pi Coin's correlation with Bitcoin has been declining, now standing at just 0.52. This reduction in correlation is especially troubling given Bitcoin’s recent surge, which saw the cryptocurrency form a new all-time high (ATH) within the last 24 hours. Given the continued bearish behavior from investors, Pi Coin’s price may drop further towards the next support level at $0.36. If this support level fails to hold, Pi Coin could head back toward its ATL of $0.32, erasing recent gains and possibly setting the stage for further losses. However, if Pi Coin can successfully bounce off the $0.40 support, there may be a chance for a rebound. A rise above this level could break the downtrend and push Pi Coin toward $0.44. This move would be crucial for Pi Coin’s recovery, but it would require significant investor confidence and buying pressure to materialize.

Currently, PIUSDT is trading at $0.385 , having failed to breach a crucial resistance at $0.440. This resulted in a 12% decline over the last three days , solidifying the ongoing three-month downtrend. The inability to break through key resistance levels has left Pi Coin vulnerable to further losses. PIUSDT price is now just 16% away from its ATL of $0.322 , and mixed sentiment from technical indicators suggests that it may not hit this level in the immediate future. The altcoin is likely to attempt a bounce from its current support at $0.362. However, if the broader market conditions worsen or investor sentiment turns more pessimistic, a drawdown could be imminent. This may lead PIUSDT to breach its support and fall to $0.322 , invalidating the current bullish-neutral outlook. In this case, Pi Coin could form a new ATL, pushing its price even lower and intensifying the downtrend.