PI token is currently experiencing bearish momentum despite the overall bullish sentiment in the crypto market. Investors are showing declining interest, as reflected in the 21% drop in trading volume over the week. The upcoming unlock of 95 million tokens could further strain market dynamics.
The support level for PI stands at 0.43 USD while resistance is noted at 0.46 USD. If PI fails to maintain the support, the price may retest its previous low at 0.40 USD. Increased buying activity is necessary for any potential upward movement.
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