😱 Will the PI coin crash after a 705% surge? Binance listing is in jeopardy! 💥
The PI token of Pi Network has recently been on a rollercoaster ride! The current price is $1.67, with a market cap of $11.4 billion, a 24-hour increase of 2.28%, but trading volume has decreased by 2.15%. Market sentiment is like 'laughing and crying'! 😂 At the beginning of this year, it skyrocketed by 705%, but the Binance listing has been delayed repeatedly, and even 86% community support can't save the low participation rate, investor confidence is on the verge of collapse! 😵
Technically, PI is stuck in the support range of $1.51-$1.66. To reach $1.90, it needs to break $1.75, but if it falls below $1.46, it will be dire, heading straight for $1.50! 📉 Futures data is even more alarming, with open contracts shrinking, and traders are busy fleeing. The RSI is only 41.03, and the MACD is still bearish, but with some selling pressure sampling, could there be a chance for a turnaround? 🤔 Experts warn: if it doesn't break $1.75, PI will still be in trouble! Leverage point, brothers! 🚨