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PI Network Price Forecast :
The current price of PI is about $0.35-36.
In the past 24h it's down slightly ( -2.7%) based on some sources.
Support levels
~ $0.34, $0.33, possibly down toward $0.32 if support fails.
Resistance levels ~$0.36โ$0.40 range, especially ~$0.38 & ~$0.39. A break above those might open $0.40+.
Moving averages Price is below some of the key EMAs (20-day, 50-day) per certain analyses. So the trend is weak to neutral, not strongly bullish.
Momentum / Volume Moderate volume; some indicators suggest accumulation (e.g. Chaikin Money Flow rising even when price is flat), which is sometimes a bullish divergence.
Token unlocks / supply pressure ~106 million PI tokens to be unlocked in September, which could create downward pressure. That raises risk that demand may not keep up.
Bullish / Upside
If PI breaks above resistance in the $0.38-$0.40 range convincingly (with volume), it could aim toward maybe $0.42-$0.44 or more. Accumulation + positive sentiment could help.
Sideways / Consolidation
PI might trade in a range between $0.34-$0.36 for a while as it battles supply pressure and investor hesitation.
Bearish / Downside Risk
If support around ~$0.34 fails, it could drop toward ~$0.32 or lower. The scheduled token unlocks are a risk that could trigger selling pressure.
Key Moving Averages (EMAs) & Support / Resistance:
20-day EMA = $0.35535
50-day EMA = $0.38252
100-day EMA = $0.47313
200-day EMA = $ 0.69669
#PI#
#Crypto Market Rebound#
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