PI Network Price Drops 7.3%, Near Support, Market Awaits Breakout Signals

PI Network ($PI) has experienced a notable price drop of 7.3% over the last 24 hours, currently trading at approximately $0.626. This move places it near key support at $0.6083, raising concerns for bullish traders and signaling vulnerability to further declines. While technical indicators suggest a consolidation phase, market sentiment remains uncertain as traders await breakout signals before committing to directional positions. 7.3% decrease in price. The article highlights the lack of momentum in either direction due to the flat MACD, RSI readings at 38.84 indicating moderate bearishness. 24-hour range for $PI is $0.6083 to $0.6859. 7.3% decrease in price, but the current support at $0.6083 remains crucial. A breakdown below this level could trigger further price drops while a break above resistance at $0.6859 might signal a reversal.