After a strong week-long rally, Pi Network (PI) just took a brutal 25% nosedive, leaving traders shaken and questioning the strength of the move. 🧨
Is this a healthy correction… or is the hype running on fumes?
📊 Here’s What Just Happened:
🔻 PI dropped over 25% in 24h after days of steady upside
🔄 Trading volume spiked — signs of panic selling
📉 Broke through key support near $0.65
🧭 Fear & Greed Index: slipped to 49 — neutral but leaning cautious
💬 Market Sentiment (CryptoNews style):
"While Pi Network captured community buzz last week, whales seem to be exiting, and retail is left holding the bag."
😬 Yep, it’s one of those moments.
🧠 My Take (Real Talk):
Not every breakout is built to last.
This dump could be a shakeout… or it could signal distribution from insiders.
✅ If support at $0.58 holds — we might see a bounce
🚨 But if it breaks? Eyes on $0.48 next
Always remember: momentum without utility = danger zone ⚠️
👇 Are you buying the dip or cutting losses?