🔮 Pi Network Eyes $1 — $0.70 Support Zone Sparks Bullish Optimism

After a 10% drop this past week, Pi (PI) continues to underperform relative to broader crypto markets, as frustration grows within its community. Skepticism around recent project decisions has pressured price action — but a key support level may now be holding firm.

👨‍🔬 Dr. Altcoin, a vocal Pi advocate, outlined three critical changes needed to revive confidence and price momentum:

1️⃣ Stop the Hype:

The Pi Core Team must tone down exaggerated feature launches that fail to deliver real price catalysts.

2️⃣ Decentralize Governance:

Wider project governance and transparency could pave the way for listings on major exchanges like Binance or Kraken — a move many see as vital to long-term success.

3️⃣ Expand Real Utility:

The ecosystem needs new real-world or on-chain projects that demonstrate real utility and increase network legitimacy.

📉 Current Market Snapshot:

Pi is testing a key support zone between $0.70 and $0.75. Price has held this range with a higher low, while trading volume has dropped over 20%, suggesting declining sell pressure and a possible local bottom.

📈 What’s Next?

If $0.70 continues to hold, bulls may push a short-term recovery toward the 200-period EMA, currently sitting near $0.80. A close above this level could re-open the path toward $1.00 — but only if sentiment and project fundamentals improve in tandem.

⚠️ Caution: If Pi fails to reclaim momentum soon, community trust could weaken further.

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