PI Network Struggles at New Low as Market Awaits Its Next Major Shift

PI Network’s token plunged to a new all-time low on August 1 and has since entered a period of consolidation, showing little movement in either direction.   The lackluster price action reflects a market in limbo, with traders awaiting a decisive move that could set the tone for PI’s next chapter. PI Price Trapped Between Fear and Hope Technical indicators observed on the PI/USD one-day chart confirm this stagnation. For example, PI’s Relative Strength Index (RSI) has trended flatly since the sideways trend began, confirming the relative balance between buying and selling pressures in the market source: https://beincrypto.com/pi-price-struggles-at-new-low/