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$PI Struggling Near Lows – Oversold but Pressure Remains 📉
Pi Network ($PI) trading around $0.07–$0.08 after sharp declines.
Technical Snapshot:
Deeply oversold (RSI low).
Support near current lows ~$0.07.
Resistance $0.10–$0.12.
High supply pressure from unlocks.
The Setup:
Heavy unlocks and weak demand keeping price suppressed. Short-term bounce possible on oversold levels, but broader trend remains bearish until adoption improves.
High-risk watch.
#PI #PiNetwork #Crypto #TA