Pi Network Price Under Pressure: Breakdown and Potential for Further Decline

The price of Pi Network (PI) has experienced a downward trend, falling below key resistance levels on longer timeframes and signaling weakening investor confidence. After failing to break above these levels, the price has retreated back into its current trading range, suggesting continued bearish momentum. This decline suggests that Pi could potentially drop towards the lower end of this range, around $0.20 in the near future. .