Pi Network Seeks to Break Key Resistance
The Pi Network has seen a 5% increase in value over the past week, and it's now looking to attract more buyers.
Key support levels for PI currently stand at $0.070, while key resistance levels are at $0.10, $0.13, and $0.16.
The cryptocurrency aims to reach the psychological target of $0.10, which is seen as a significant level of resistance.
Despite the bullish market context, PI's price has been consolidating in a range, and volume has been declining for months, indicating a lack of conviction among buyers.