📉 Pi Network Price Forecast – PI Under Pressure Near $0.2000
Pi Network (PI) continues its downtrend, slipping below $0.2400 after a 6% drop yesterday and another 3% today.
🔎 Key Highlights:
Massive CEX deposits: 532K PI + 473K PI → selling pressure rising.
CEX reserves fall 1.37M PI, signaling heavy supply hitting the market.
Support levels: $0.2259 → $0.2113, with risk of testing $0.2000 psychological support.
Resistance ahead: $0.2404 & $0.2505.
Despite new DeFi tools (DEX, AMM, token creator), uncertainty around mainnet launch and Stellar v23 update keeps investors cautious.
⚠️ If PI breaks below $0.2000, downside momentum could accelerate.