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Pi Network (PI) closed yesterday (May 7th) around $0.189, maintaining a narrow range of fluctuation overall. Today (May 8th), the price slightly retraced to the $0.18 level, with a 24-hour decline of about 2%-3%, currently trading in the $0.178–$0.180 range, and market sentiment is somewhat weak.
Trading suggestion: Currently near the key support level of $0.18, technical indicators show sideways movement with a weak bias. Short-term observation is recommended; if it breaks below $0.175, consider a light short position targeting $0.17; if it breaks above $0.185 with increased volume, turn bullish. Be cautious with position sizing and strictly implement stop-loss.