Pi Network just took a serious compliance step โ approving BANXA KYB integration for fiat on/off-ramps.
But despite the regulatory green light... price action is still flatlining near $0.58, with bulls gasping for momentum. ๐ฎโ๐จ
๐ What Just Happened:
โ BANXA KYB = KYC for institutions โ paving the way for global partners, exchanges, and OTC ramps
๐ This move shows Pi is playing the long regulatory game โ not just building hype, but real-world rails
๐ธ But letโs be honest... retail only cares about one thing right now: price. And $0.58 is looking weak ๐
๐ The Market Reality:
๐ Volume thinning โ no aggressive buying despite the news
๐ MACD still under zero, and RSI hovering in neutral territory
โ ๏ธ If $0.58 cracks, we could see a slide to $0.50 or even $0.44 support zones
๐ Bulls need a catalyst โ not just headlines, but liquidity and listings
๐ง My Take:
Regulatory moves like KYB integration are long-term bullish...
But news without demand = no pump.
Until we get exchange clarity or a utility use-case unlocked, Pi might keep grinding sideways.
This ainโt FOMO season โ this is smart money accumulation or silent exit. Choose wisely. ๐
๐ฌ Pi believers โ still holding or fading?
๐ Drop your strategy &