I just checked the Pi Coin chart, and the current price is around $0.17, down from $0.196 yesterday. In fact, the 22% increase from the low of $0.13 in February was quite impressive, but now there are signs that buying pressure is weakening. The RSI has approached the 70 level and a bearish divergence has appeared, indicating that the overbought condition is clear. I see an important support level at $0.18; if it cannot hold, it could drop back to $0.16. Upcoming events like the update and Pi Day in March could help push the price up to test the resistance level of $0.21, but currently, the technical signals are quite warning. It’s necessary to closely monitor whether this rally can continue or if a correction will occur.

PI0.22%
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