PI NETWORK FACES VOLATILITY AFTER $1.50 PRICE DROP!

Pi Network's native token, PI, has indeed been experiencing significant volatility. After a recent price drop to $1.50, the token's value has fluctuated, with some sources reporting a current trading price of around $0.61. This represents a nearly 50% decline in value over the past month and an 80% drop from its yearly highs.

$BTC Key Factors Contributing to Volatility:

-Recent Price Breakdown: PI's price broke down from a rising wedge pattern, a classic bearish reversal signal, indicating a potential drop to $0.44-$0.45.

Ongoing Token Unlocks: Daily unlocks of 5-6 million tokens throughout the month add to supply-side pressure, potentially impacting demand and price.

Market Sentiment: PI's price movement may be influenced by broader market trends and investor sentiment.

Expert Predictions:

-Potential Downside: Some analysts predict a further decline to $0.44-$0.45, approximately 25% below current levels.

Potential Upswing: Conversely, popular crypto analyst Moon Jeff believes PI could surge to $5, suggesting a potential rebound.

Investor Concerns:

-Wash Trading: Analyst Dr. Altcoin warns of possible wash trading via Banxa-linked micro wallets, which could impact PI's price.

Deeper Collapse: Signs point to a potential deeper collapse in PI's price, given its significant decline from yearly highs .#Bitcoin2025 #BinanceAlphaAlert #PiCoreTeam #pi