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$PI Reposted from mcto
$PI Rebounded from historical lows—still fragile 📉
Pi Network is currently trading at about $0.098–$0.100, up roughly 24% from its near $0.070 historical low set on July 14.
Technical snapshot:
• Support: $0.085–$0.090
• Resistance: $0.110–$0.120
• Momentum: A short-term rebound, but still within a larger downward trend. RSI has climbed back to neutral (~50). Trading volume has expanded during the rebound.
Trade setup:
$PI After hitting new historical lows, a strong rebound emerged from an extremely oversold state. However, the recovery remains fragile—price is still capped by a falling trendline and has not yet reclaimed the key $0.12 breakdown zone.
If there is a clear breakout above $0.12 and the price holds, this would be the first truly bullish signal. Before that, it looks more like a relief rally from the bounce rather than a trend reversal.
High-risk, high-volatility token.
#PI #PiNetwork #Crypto