Pi Network Price Forecast – May 17th

The Pi Network (PI) price has experienced a downward trend over the past four days, dropping around 25% after failing to break through a key trendline resistance. The price has fallen from $0.729 to $0.68, with yesterday’s range spanning between $0.74 and $0.68. Despite this continued downtrend, there is potential for a short-term bounce as the coin approaches a key support level around $0.71. Interestingly, the price managed to close slightly above this mark yesterday, which could indicate a potential rebound.