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$PI The market is a bit cold right now. Gate spot has just withdrawn at 0.08640 USDT; over the past 24h, it’s down 5.24%. After moving down steadily from above 0.09 since last night to 0.08512, short-term sentiment has clearly cooled.
The 15m and 1h candles have both closed around 0.08611, while the 4h candle is still at 0.0892, but the current price is already being pressed to the lower band. Below, I’m watching 0.0860/0.0851—if it can’t hold, don’t force entries. On the upside, first 0.0869, then 0.0885/0.0892.
On the official side, it’s still the July 15 v25 and the Mining App update; for now, there’s no verifiable new catalyst. If it were me, I’d only observe with a small position here and wouldn’t chase with a heavy bet. What do you think, $PI —has it already dropped too far, or does it still need to shake it down for one more round? #PI #PiNetwork #Gate Square
(Pure personal opinion, DYOR—don’t blame me if you lose 😂)