🔮 Pi Network Gains Ground — But Is a July Dump Lurking?

After six straight red days, Pi Network (PI) finally bounces 1% — but don’t celebrate just yet. July could bring serious sell pressure.

📊 Quick Overview:

Price: Just under $0.50

Bounce: +1% after 6 days of losses

Next Threat: 19.2M token unlock on July 4

Total July Unlocks: 268.4M PI — biggest since launch

🚨 Why This Matters:

Large token unlocks = fresh supply

Fresh supply = possible price dump

History shows unlocks often trigger short-term dips, especially when sentiment is already weak.

🧠 Pi2Day: Hype or Meh?

Pi launched AI-powered no-code app builder

Also added Ecosystem Directory Staking to boost app rankings

Market response? Flat. Price action stayed weak post-launch

🔎 Key Levels to Watch:

$0.5031: Critical daily support. Losing this opens door to $0.4711

$0.4711: Recent local low from June 22

$0.40: Massive support — tested April & June

$0.6600: Recovery target if bounce holds

💡 Final Word:

This is a calm before the storm setup. July 4’s unlock could shake PI holders — unless bulls step up big.

👀 Will Pi break below $0.50... or surprise the market with strength?

#PiNetwork #Pi #CryptoNews🔒📰🚫 #UnlockSeason #TrumpVsMusk $PI $BTC $SOL