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$PI trading under weak bearish conditions after failing to reclaim the 0.1605 resistance region.
Price action remains compressed with sellers maintaining control through repeated lower high formations.
The structure remains fragile with fading recovery momentum and continuous rejection near intraday resistance. A confirmed move below 0.15880 could trigger another downside expansion toward lower liquidity zones.
Market sentiment remains cautious as buyers struggle to build sustained momentum while short-term bearish pressure continues dominating the range.
$PI