Pi Coin Price Analysis – May 28th

Pi coin has been experiencing downward pressure, failing to hold above a crucial support level. The price broke below this key level two days ago and attempted a rebound, but it only managed to retest the old support as resistance. This occurred around $0.77 on the 4-hour chart. Yesterday’s analysis predicted prices to trade between $0.73 and $0.78 if resistance isn’t broken. However, this prediction was accurate, with the coin ultimately closing near $0.74 before declining further. We are now left with the question of what will happen next.