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Pi Network Price Drops 5% Amid Downtrend and Weak Technical Indicators

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Pi Network’s price dipped 5% in 24 hours, hitting $0.2080, as technical indicators remain bearish. Market cap fell to $1.73 billion, while trading volume climbed 14.86% to $20.2 million. The -DMI remains above the +DMI, and network activity failed to break key resistance. Traders are now eyeing the $0.1919 support level, with $0.19 next if the slide continues. Some community members still back Pi’s long-term potential as a Web3 payment tool.
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