As of May 30, 2025, Pi Network (PI) is trading around $0.71 to $0.74, experiencing a 2–3% decline over the past 24 hours. The cryptocurrency has seen a 40% drop from its mid-May peak, attributed to a combination of technical factors and market sentiment.

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📉 Market Overview

Current Price: Approximately $0.71–$0.74

24-Hour Change: Down **2–3%**

Monthly Performance: Up 23% since the start of May, but down 40% from mid-month highs

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📊 Technical Analysis

Support Level: Key support is at $0.69. A drop below this could lead to a decline toward $0.61 .

Resistance Level: Immediate resistance is at $0.74. A sustained move above this could trigger a rally toward $0.99 .

RSI Indicator: The Relative Strength Index (RSI) is approaching oversold territory, suggesting potential for a bullish reversal if buying volume increases .

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🔮 Future Outlook

Short-Term Prediction: Analysts anticipate a potential increase toward the $1.35 resistance area in the near term, provided key resistance levels are broken .

Long-Term Forecast: Projections for 2025 suggest that PI could reach between $1.50 and $2.00, contingent on positive developments such as mainnet activation and broader market support .

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📌 Summary

Pi Network is currently at a critical juncture, with technical indicators suggesting potential for both further decline and a bullish reversal. Investors should monitor key support and resistance levels, as well as broader market trends, to make informed decisions.

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