The Pi network is threatened with breaking support at 0.40$ before the tokens are opened in August.

The Pi coin is trading at 0.4065$ with ongoing selling pressure. The current support is at $0.3970, and breaking it could push the price towards 0.36$ , especially with the upcoming opening of 162.8 million tokens this month. The most important resistance currently is at 0.4108$ , and bouncing above it is essential to confirm any short-term recovery.