Crypto
Pi Network Price Holds Near $0.10 Amid Bullish Retail Demand and Positional Buildup
Pi Network's price remains near $0.10 as retail demand for the PI token stays firm, with futures Open Interest holding steady at around $9.89 million.
The broader crypto market maintains a bullish bias ahead of the CLARITY Act cloture vote on Tuesday, and Pi Network's retail strength is no exception.
A positional buildup in the notional value of existing contracts or an increase in trader positions suggests a tentative return to risk-on positioning among traders.
The PI token holds above its 50-day Exponential Moving Average (EMA) at $0.0947, but remains capped below the 100-day EMA at roughly $0.1051, which serves as immediate resistance.