🚨 $PI NETWORK ON THE EDGE! 😱 WILL IT BOUNCE BACK FROM $0.47 OR SINK EVEN LOWER AFTER FAILED NEWS? BEARS ARE IN CONTROL AND $0.66 IS AN IMPENETRABLE WALL! 📉💥

📢 The Pi cryptocurrency (#PI ) is experiencing a price drama that has everyone on the edge of their seats. Despite the launch of two important updates on Friday, the news failed to ignite the market, and the price of PI has taken a bearish turn! 📉

Although there was a pre-event rally, the bears are now in control, pushing Pi below its 20-day Exponential Moving Average (EMA). What’s the key level to watch? $0.47! 🚨 If the bulls can maintain this support, we might see an attempt to rally. But alas! The resistance at $0.66 (50-day SMA) looms as an almost impossible wall to climb. 🧱

With moving averages trending down and the RSI near oversold, traders wonder: Will it be a relief bounce from $0.47, or will the bearish pressure be too strong, dragging Pi down to $0.40? The uncertainty is palpable! 🤔

🤔 Do you think developers should focus more on utility and real adoption to drive the price? 👇💬

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