Pi Network falls below 1 USD despite 100 million USD startup fund launch

PI Network has seen a decline of 17% recently, falling under 1 USD. The fund aims to drive real-world adoption of the PI token. However, technical indicators raise concerns about momentum weakening and indicate potential profit-taking.

Support is currently set at 0.90 USD; if breached, it may fall to 0.78 USD. On the upside, market sentiment could shift if buying pressure rises, targeting resistance at 1.23 USD. Future movements will depend on trader actions.

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