Pi Coin Price Stuck at $0.10 Resistance as Open Interest Dives

Pi Coin's price has risen by 15% since August 23, but it still faces resistance at $0.10.

This level of resistance has been a hurdle for Pi Coin since July 9, as the coin failed to close above it despite several attempts.

The open interest in Pi Coin has dropped from $27.10 million on August 23 to $24.57 million, indicating that demand for speculative positions is low.

The upcoming Protocol 27 upgrade and the FOMC meeting may have a significant impact on Pi Coin's price, as past trends suggest that protocol upgrades can boost the coin's price.