$PI ‌#GateSquarePizzaDay

Pi Network (PI) Drops 7.15% – Is the Honeymoon Over?

May 18, 2026 – Pi Network’s token is facing significant selling pressure today. According to the latest trading data, PI/USDT is currently changing hands at $0.14905, down 7.15% in the last 24 hours.

The token hit a 24-hour high of $0.16076 before sliding to a low of $0.14606, just above the $0.14520 support zone highlighted on the chart.

Key Market Snapshot

Metric Value
Price $0.14905 (-7.15%)
24h High / Low $0.16076 / $0.14606
24h Volume (PI) 17.49 million
24h Turnover (USDT) 2.67 million
Perpetual Price $0.1487 (-7.24%)

Technical Indicators Turn Bearish

The chart reveals a deteriorating short-term outlook:

· SuperTrend (10,3): Sitting at $0.15461, this dynamic resistance level is currently capping any upside attempts. Price is trading below the SuperTrend line, a classic bearish signal.
· RSI (1,1): Nearing oversold territory but still trending downward, indicating weak buying momentum.
· MACD (12,26,9): Negative divergence continues, with MACD at -0.00052 and the DIF line below the DEA line, confirming bearish momentum.

A Grim Long-Term Picture

The longer timeframes paint an even more challenging story for Pi holders:

· Today: -6.46%
· 7 Days: -13.35%
· 30 Days: -13.11%
· 90 Days: -17.91%
· 180 Days: -35.78%
· 1 Year: -79.67%

Over the past year, Pi has lost nearly 80% of its value – a stark reminder of the volatility and risks associated even with highly anticipated token launches.

What to Watch Next

Immediate Support: $0.14606 (today’s low) → then $0.14520
Immediate Resistance: $0.15461 (SuperTrend line) → then $0.16002

A reclaim of the $0.15461 level on the 4-hour or daily close would be the first sign of a potential trend reversal. Until then, bears remain in control.

Trader’s Takeaway

Pi Network continues to struggle for footing. While the project retains a massive community, the price action suggests that hype alone is no longer enough. Traders should watch for either a clean break above SuperTrend resistance or a test of the $0.1450 support zone before committing to a position.

Not financial advice. Always DYOR (Do Your Own Research).