The scandal splashed onto Pi Network over the weekend, but now that the protests have died down, it’s calm again. After a bottom at $0.67, PI has broken its downtrend line and seems to be on track for recovery. This is particularly true as the token's volume is picking up again as investors buy on the dip.
The resistance levels to watch for moving forward are at $0.80 and then $0.94. In case of a rejection, a return to $0.50 should be considered, but if successful, the path is wide open towards $1.30.
