📉 $PIXEL Network Struggles Below $0.50 – What’s Really Going On?
Despite rising social buzz, $PI is sliding — down ~2% today, stuck under the key $0.50 mark.
After a Doji candle on Thursday, bears are pressing harder. RSI is at 36 — nearing oversold. ⚠️
🔍 What’s fueling the drop?
• Pi Foundation dumped 5.81M $PI tokens
• OKX saw a 2.15M $PI outflow
• Total net outflow from exchanges: 36,580 $PI
Meanwhile, social dominance is rising — from 0.18% to 0.39% — showing hype is growing, but trust? Maybe not.
💬 Caution: Don’t become exit liquidity for team sell-offs. Eyes on $0.4711 — if that breaks, sub-$0.40 could be next.
👇 Are you still bullish on $PI or sitting this one out?
Drop your thoughts in the comments.
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