Pi Network Holds $0.61 Support as RSI Hints at Reversal
Pi Network is drawing trader attention today as it firmly holds the $0.61 support level—despite recent market-wide pullbacks. Technical indicators suggest the bulls may not be done yet.
Key insight: The Relative Strength Index (RSI) is hovering near the oversold zone, signaling a potential bullish reversal on the horizon. This could mark a turning point for PI if momentum shifts in favor of buyers.
What to watch:
A bounce from $0.61 with rising volume could confirm bullish divergence.
Resistance stands near $0.70; breaking this could trigger short-term upside.
Failure to hold $0.61 may expose PI to deeper support near $0.55.
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