Pi Network’s price has stabilized as volume begins to rise, hinting at renewed buying pressure. This could mark the beginning of a potential bottom.
https://crypto.news/pi-network-price-finds-stability-a-bottom-forming/
Discussion
✍️ Pi Network (PI) shows early signs of stabilization after weeks of selling pressure, with a potential bottom formation underway around $0.21.
👉 Support Level: $0.21 region aligns with both the value area low and the 0.618 Fibonacci retracement.
👉 Volume Increase: Bullish volume influxes signal growing demand and potential accumulation.
👉 Next Resistance: $0.25 serves as the immediate upside target, while $0.19 remains key downside support.
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