Pi Network Price Faces Fresh Trouble as Support Weakens

TLDR

• Pi Network price dropped more than 10% and fell below $0.09.
• PI trades near $0.082 after its recent recovery lost momentum.
• The token failed to break the key $0.10 resistance level.
• PI previously rebounded about 20% from its all-time low near $0.07.
• The $0.07 level remains the main support against another record low.

Pi Network’s native token, PI coin, has dropped below the $0.09 mark again after losing more than 10% over the past 24 hours. The decline erased most of the gains from its recent rebound and renewed concerns about the token’s ability to hold above its recent lows.

Source: CoinGecko

The latest move comes after Pi Network price briefly recovered from its all-time low near $0.07 earlier this month. The token rallied by around 20% and approached the $0.10 level, but buying momentum faded before it could break above that resistance. Since then, sellers have regained control, pushing the price back toward the lower end of its recent trading range.

PI Price Struggles Below Key Resistance

PI attempted to recover after finding support near its all-time low. The rebound attracted attention as the token became one of the stronger daily performers for a short period. However, the recovery stalled as the price failed to move above the $0.10 resistance level.

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