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📉 PI/USDT Market Update – Testing Support Levels!
The Pi Network (PI) is under pressure today, trading at $0.405 , marking a -2.1% drop in the last 24 hours. After a steady downtrend, PI is now hovering dangerously close to its all-time low near $0.40.
🔍 Key Data:
Price: $0.405
24h Range: $0.397 – $0.416
24h Volume: 36.7M USDT
Market Cap: $3.14B
Current Trend: Bearish
Loss from ATH: −86%
📊 Technical Overview: PI has been sliding for weeks, currently forming a bottom around $0.40 support. A breakdown could trigger a further drop toward $0.36, but a bounce here may offer short-term relief up to $0.45.
💸 Whale Watch: A large wallet has reportedly acquired ~$148M worth of PI, suggesting confidence in long-term potential despite current lows.
⚠️ Caution: Momentum indicators remain weak. Bulls must defend the $0.40 zone, or a new low could form. A break above $0.45 would be the first signal of reversal.
🧠 Outlook: PI is at a make-or-break point. Monitor trading volume and any upcoming Pi Network developments — especially regarding staking, token unlocks, or dApp integration.
📈 Short-Term Levels to Watch:
Support: $0.400
Resistance: $0.450
#PiNetwork# #PIUSDT # #CryptoUpdate# #Altcoins# #TradingAnalysis #