😳Pi Coin is still struggling to hold its ground in the market. After failing to hold a rally toward its old high of $3, the price once again dropped sharply. The coin recently hit $1.67 before falling back to around $0.77 at the time of writing.

When Pi Coin was first listed, it started at $3 but quickly dropped to $0.60 on the same day. It managed to bounce back to $3 within 34 days, but this rise created strong selling pressure as early investors rushed to cash out. Many saw $3 as a good exit point, especially after the coin had previously fallen more than 80%.In terms of important price levels, Pi Coin is currently facing immediate resistance at $0.94, $1.20, and $1.66. If the price manages to break above these levels, the final bullish target in the short term remains at $3.00. On the downside, the critical support to watch is $0.65 — if the price falls below this level, it could lead to even steeper declines ahead.

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