sell
Pi Network's Bearish Trend Continues with Lower Lows
Pi Network is experiencing a downward trend, with prices forming lower lows amid a bearish market condition. The key support level to monitor is $0.40, while resistance levels are at $0.52 and $0.67. After a notable surge in early May, the price retraced completely in June and has continued to decline. This pattern indicates ongoing weakness and potential further downside unless a reversal occurs.
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AI Analysis
The recent price movement of Pi Network (PI) indicates increasing bearish sentiment, with the coin making lower lows despite a significant pump in early May. This pump was entirely retraced in June, r...
AI Recommendation
Given the current technical landscape, it is prudent to exercise caution with Pi Network. For traders, waiting for a clear reversal signal or a break above the resistance levels before considering bul...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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