Pi Network (PI) has experienced a 6% decline in the past week, displaying conflicting signals from key technical indicators. The Directional Movement Index (DMI) suggests a weakening bearish trend and a potential shift, while the Chaikin Money Flow (CMF) indicates slight but positive buying pressure. EMA lines indicate consolidation, with PI trading just above a critical support level at $0.601. The ADX has dropped to 34 from 44.59, signaling a weakening trend. The crossover in directional strength between +DI and -DI hints at a possible sentiment shift. The current CMF level of 0.07 suggests mild buying pressure. EMA lines suggest consolidation, with support at $0.601. Breaking resistance levels at $0.647 and $0.658 could lead to an uptrend. Overall, the market shows uncertainty with no clear bullish or bearish control. Traders should conduct their own research and seek professional advice before making financial decisions. Read more AI-generated news on: https://app.chaingpt.org/news