๐ $PI Network Faces Sharp Sell-Off โ Key Support in Focus ๐
$Pi Network is currently under intense downward pressure, falling -6.74% to $0.3471 in the past 24 hours. The decline follows a decisive breakdown from the $0.38โ$0.40 resistance range, which had previously held for several days.
Now, all eyes are on the $0.340 psychological support zone, a level that has historically attracted buying interest. However, with market sentiment tilting bearish and no strong reversal signs in sight, concerns are rising that this support may not hold.
๐ Whatโs Happening?
โข Massive breakdown from recent range
โข Bearish volume increasing
โข Price hovering near key support at $0.340
โข Potential next zone: $0.320 if breakdown continues
Traders and investors are closely monitoring this area for either a rebound attempt or a continuation of the downtrend. As always, stay cautious in high-volatility conditions.
