Pi Network is back in the spotlight after a 5% price jump, pushing its market cap to $4 billion But even with this small win many traders are still worried
Here’s why:
• PI is still down 79% from its all-time high
• No big exchange listings yet (Binance & HTX are still quiet)
• Low trading volume and weak demand
• No new updates or real-world use
• Stuck in a bearish chart pattern (descending triangle)
Some analysts are calling it a warning sign — One even said Pi “is dying” and could drop even more if it breaks below the support level
Right now, PI is moving inside a bearish pattern and unless it breaks out with strong momentum, it could fall to around $0.51
There is a small chance of a breakout above resistance. If that happens, it might rally to $0.79 — but only if buyers step in and momentum builds up.
So, is it time to sell?
There’s no strong hype or support behind PI right now, and without exchange listings or new updates, the future looks uncertain
Traders are watching closely… but many are getting ready for a deeper drop.
