#pi Pi Network token remains under pressure as ongoing token unlocks and weak market sentiment continue limiting bullish momentum. Despite maintaining a massive global community and expanding ecosystem initiatives, investors remain cautious due to supply inflation, uncertain utility growth, and concerns about long term adoption. Technical indicators still show a bearish structure, with support holding near recent lows while resistance remains strong around previous recovery zones. Some analysts believe future exchange listings, merchant adoption, and smart contract development could improve confidence, but current trading activity suggests consolidation rather than a major breakout. If broader crypto sentiment strengthens and ecosystem usage increases steadily, PI may recover gradually, though volatility and downside risks remain elevated in the near term. $PI ‌