⚠️ #PiNetwork Stuck in Flatland — Reclaim or Fade Into Silence?
Trend Summary:
After a massive spike to over $4, PI/USDT has been in a long, slow bleed down to the current level around $0.62–0.63.
Recent volume shows some life, but no confirmed breakout structure.
Key Observations:
Price is consolidating in a narrow range after several failed attempts to reclaim the $1 level.
Momentum has flattened; the volatility spike in May gave hope, but was quickly sold off.
Volume is declining, suggesting waning interest unless a new catalyst arrives (e.g. mainnet unlocks, listings).
Support/Resistance:
Support sits near $0.60–0.62, which has been tested multiple times.
Resistance is clear at $0.85 and then $1.00, where previous pumps were rejected.
🧠 Final Take:
Pi Network is currently in accumulation limbo, with no strong trend.
A breakout above $0.85 with volume is essential to change the narrative.
Until then, it remains a speculative, low-conviction hold.
⚠️ DYOR – Do Your Own Research
This is not financial advice. Markets can be volatile — always trade responsibly!