The cryptocurrency market has faced challenges recently, mirroring the sector-wide slowdown triggered by Bitcoin’s loss of key price levels. Despite this challenging backdrop, PI Network’s PI token is showing encouraging signs of improvement – particularly through a notable bullish reversal pattern on the daily chart. 📈 📈 Since early November, PI has shown tentative signs of stabilization after months of decline. The token found a temporary bottom around the $0.19-$0.20 region before buyers stepped in, forming a rounded accumulation base. Further bolstering this development, an inverse Head and Shoulders pattern has emerged on the daily chart, a classic reversal signal often signaling exhaustion of a downtrend. 📉 📉 📈 📈 The left shoulder developed in late October as PI slipped into the $0.21 zone before recovering modestly. The head followed in early November with deeper lows before retracing to form the right shoulder in mid- to late November, demonstrating sustained demand despite a brief liquidity flush.