#PI# Real-Time Technical Analysis of Pi Network (PI) – May 30, 2025
--- The current price of Pi Network (PI) is around $0.7157, with a daily high of $0.738 and a low of $0.702. The 24-hour trading volume has seen a significant increase, reaching approximately $122 million. This indicates heightened market activity, although the overall trend remains bearish at this stage. --- From a technical standpoint, the Relative Strength Index (RSI) is approaching the oversold zone, which could signal a potential price reversal. The key support level is established at $0.69, while the major resistance lies at $0.74. A breakout above this resistance, especially with increasing volume, could open the way toward the next psychological levels around $0.85 to $0.99. However, if selling pressure continues, the price could experience further downward movement, potentially dropping to $0.53 in the short term. --- Overall, Pi Network is currently in a critical consolidation phase. The next price direction will largely depend on how the market responds to the identified support and resistance levels. Although short-term sentiment appears negative, the current technical structure still allows for a potential rebound if the $0.69 support holds firmly. In a volatile market environment like this, a cautious approach combined with continuous analysis is essential for making sound investment decisions. ---
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#PI# Real-Time Technical Analysis of Pi Network (PI) – May 30, 2025
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The current price of Pi Network (PI) is around $0.7157, with a daily high of $0.738 and a low of $0.702. The 24-hour trading volume has seen a significant increase, reaching approximately $122 million. This indicates heightened market activity, although the overall trend remains bearish at this stage.
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From a technical standpoint, the Relative Strength Index (RSI) is approaching the oversold zone, which could signal a potential price reversal. The key support level is established at $0.69, while the major resistance lies at $0.74. A breakout above this resistance, especially with increasing volume, could open the way toward the next psychological levels around $0.85 to $0.99. However, if selling pressure continues, the price could experience further downward movement, potentially dropping to $0.53 in the short term.
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Overall, Pi Network is currently in a critical consolidation phase. The next price direction will largely depend on how the market responds to the identified support and resistance levels. Although short-term sentiment appears negative, the current technical structure still allows for a potential rebound if the $0.69 support holds firmly. In a volatile market environment like this, a cautious approach combined with continuous analysis is essential for making sound investment decisions.
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