🚨📢Price predictions for the Pi Network: #pi 🚨📢
♦️Pi is stabilizing as outflows from centralized exchanges decrease, reducing selling pressure.
✅Pi Network bulls are holding their position at the psychological support level of $0.2000 after a two-day decline.
✅Centralized exchange wallet balances are recording an outflow of over 2 million PI tokens, indicating that traders are buying the dip.
✅A large investor has acquired 2.77 million PI tokens, marking the largest transaction in the last 24 hours.
✅Pi Network token (PI) is trading above $0.2100 at the time of writing this report on Wednesday, after a loss of 5.49% on Tuesday. Amid the day's struggle and prevailing downtrend, on-chain data reflects support from large wallet investors and retail traders.
✅However, technical forecasts indicate an impending bearish shift in momentum.
