The Pi Network Token has climbed 2% over the past 24 hours, riding the wave of a broader crypto market rally. At press time, the altcoin trades at $0. 63 However, despite this upward movement, a key technical indicator has posted a bearish divergence with its price, raising doubts about the sustainability of the recent gains. The PI Token Rally Lacks Conviction Readings from the PI/USD one-day chart show the token’s Chaikin Money Flow (CMF) below the zero line and in a downtrend, forming a bearish divergence
source: https://beincrypto.com/pi-network-bearish-divergence-emerges/