Pi Network Price Faces Fresh Breakdown as $0.096 Resistance Proves Too Strong
Pi Network (PI) continued its downward trend on Monday after failing to break through the $0.096 resistance level, which remains a strong barrier for the token.
The price of PI has been stuck below the $0.1000 psychological threshold, and sellers continue to defend this nearby resistance.
Although derivatives demand is holding steady, and broader cryptocurrency sentiment is improving, PI's technical structure retains a mildly bearish bias.
Momentum indicators suggest that selling pressure is gradually weakening, but PI must reclaim the $0.0961 resistance level before a more meaningful recovery can begin.