Pi Network, that digital enigma, has stumbled into a downtrend. The question on everyone’s lips: where will the buyers crawl back from? 🤔
Key Support levels: $1.1, $0.90
Key Resistance levels: $1.5, $1.8, $2
1. The Great Nosedive
In the last 24 hours, PI took a swan dive, plummeting 20% in a blink. The price now clings to the $1.1 support like a drunk to a lamppost. If this level gives way, we’re looking at a tumble below $1. The bears are having a field day, and the buyers? Nowhere to be seen. 🐻
2. Bears on a Rampage
After being rudely rejected at $1.5, the sellers went full throttle, dragging PI down to $1.1 in two days. The 4-hour RSI is now oversold, which might just be the glimmer of hope buyers need to stage a comeback. Or not. 🤷♂️
3. The Selling Frenzy
The volume tells a tale of woe, with sellers running the show. Today’s sell volume was a whopper, one of the largest this month. The $1.1 support is under siege, and if it cracks, the next stop is 90 cents. Buckle up, folks. 🎢
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2025-03-18 14:56