💣 **PI Teeters Near All-Time Low — Panic Selling Sweeps Through Pi Network**

The Pi Network is facing intense downward pressure, with fears mounting that PI could revisit its all-time low from Friday if the current negative momentum continues.

🔻 **Key Developments:**

• **CEX wallet balances surge**, signaling a spike in investor deposits.

• **Pi Foundation offloads 2.53 million PI tokens**, increasing market supply.

• **Price drops 2%** as PI struggles while broader crypto markets rebound.

📉 **Market Signals Worsen**

Data from PiScan reveals that centralized exchange (CEX) wallets now hold over **401 million PI**, up **1.7 million in just 24 hours**, representing **5.16%** of circulating supply. Rising CEX reserves typically reflect mounting sell pressure — as investors either take profits or cut losses.

The **2.53 million token sale** by the Pi Foundation within 24 hours suggests declining internal confidence, fueling further risk aversion among holders.

⚠️ **Technical Breakdown**

PI currently trades below the **S1 pivot at \$0.3642**, which has now flipped to resistance. With the token hovering near Friday’s **\$0.3220 low**, the next key support is the **S2 pivot at \$0.3191** — a breach here could accelerate the fall toward the **S3 pivot at \$0.2372**.

🔍 Indicators Flash Bearish:

• **MACD**: Bearish crossover confirms sell signal

• **Histogram**: Red bars expanding downward

• **RSI**: At 25, deep in oversold territory, suggesting continued selling pressure

📈 To ignite any meaningful recovery, PI must reclaim the **\$0.4000 support level** — lost during Friday’s crash.

\#PiNetwork #PiCoreTeam #CryptoCrash #MarketPressure #TrumpTariffs