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PI NETWORK CRASHES 42% AS MAINNET LAUNCH SPARKS FEARS 🚨📉
Pi Network’s price plummeted 42% in 24 hours amid mounting skepticism over its February 20 mainnet launch. Rumors of it being a pyramid scheme have fueled investor doubts, increasing selling pressure.
Technical indicators signal trouble—RSI has sharply declined, and Chaikin Money Flow (CMF) remains negative, showing weak buying interest. If PI loses the $63 support, it could drop to $47. A recovery is possible only if it reclaims $130, but investor confidence remains low.
#PiNetwork #cryptocrash #altcoins #trading #Investing
Pi Network’s price plummeted 42% in 24 hours amid mounting skepticism over its February 20 mainnet launch. Rumors of it being a pyramid scheme have fueled investor doubts, increasing selling pressure.
Technical indicators signal trouble—RSI has sharply declined, and Chaikin Money Flow (CMF) remains negative, showing weak buying interest. If PI loses the $63 support, it could drop to $47. A recovery is possible only if it reclaims $130, but investor confidence remains low.
#PiNetwork #cryptocrash #altcoins #trading #Investing
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