โ ๏ธ PI Token Under Pressure
๐ PI slid to $0.3220, a record low, in a falling channel. Heavy CEX deposits (7.06M in vs 3.94M out) show rising sell pressure, pushing wallet balances to 414.63M PI.
๐ Big transfers to OKX (1.24M & 809k PI) highlight a risk-off mood. Bears eye a drop below $0.3220, which could send PI under $0.2700.
๐ Indicators:
RSI: 42 โ bearish but not oversold.
MACD: Below signal line โ negative momentum.
๐ผ For recovery, PI must reclaim $0.4000โ$0.4342.
