#Liquidity101 Pi Network is currently trapped in a consolidation phase, with price movement stagnating despite signs of growing investor optimism indicated by the Chaikin Money Flow (CMF).
Broader market conditions continue to pose challenges, with the Moving Average Convergence Divergence (MACD) suggesting bearish momentum.
Pi Network is holding steady at $0.649, but a breakout could occur if the price breaches $0.71. If it falls below $0.57, further declines toward $0.51 could invalidate the bullish outlook.