🙄 Pi Network: Big News For Traders... 🙄

⚠️ PI Network Under Pressure! 🔓📉

PI price hovers near $0.58, testing the lower edge of its sideways range ($0.59–$0.67). Weak RSI (38) and a looming MACD bearish crossover hint at further downside. The key concern?

Token dilution! Over 21.4M PI unlocked this month, with projections of 131M+ tokens/month over the next year. Without a major update or token burn by the PI Foundation (which holds nearly 72B PI), selling pressure may increase. Market sentiment remains cautious.