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$PI Rebound from ATL – Still Fragile 📉
Pi Network is trading around $0.098–$0.100, up roughly 24% from its July 14 record low near $0.070.
Technical Snapshot:
• Support: $0.085–$0.090
• Resistance: $0.110–$0.120
• Momentum: Short-term bounce, but still inside a larger downtrend. RSI has recovered to neutral (~50). Volume picked up on the rebound.
The Setup:
$PI bounced hard from extreme oversold levels after hitting a new all-time low. However, the recovery remains fragile — price is still capped by the descending trendline and has not yet reclaimed the key $0.12 breakdown zone.
A clean break and hold above $0.12 would be the first real bullish signal. Until then, this looks more like a relief rally than a trend reversal.
High-risk, high-volatility token.
#PI #PiNetwork #Crypto