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Pi (PI) closed yesterday (May 11) near $0.1736, down about 0.60% over 24 hours, maintaining a low-level narrow fluctuation. Today (May 12), it continued weak consolidation, lacking independent upward momentum, still grinding at the $0.17–$0.18 range.
Short-term support is at $0.16, resistance at $0.20, and heavy positions should not be taken before a volume breakout.