In the last 24 hours, PI Coin increased by approximately 3% with a trading volume of 56.53 million USD. Despite positive news, there is a prevailing negative sentiment due to its inability to gain momentum, along with a consistently negative funding rate indicating strong short interest.
Currently, PI Coin faces a resistance level at 0.6975 USD and support levels at 0.60 USD and 0.54 USD. The MACD indicator and EMA trends reflect a neutral price trend, while Bollinger Bands show decreasing volatility, indicating weak price movements.
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