😢I😥

Pi Network Struggles as Bears Tighten Grip
Pi Network (PI) continues to face strong bearish pressure, slipping another 2% today to trade around $0.2630+. The decline erases much of its recent recovery and keeps PI pinned near the critical $0.26–$0.27 support zone, a level that has so far prevented deeper losses.
📉 Market Sentiment:
The broader crypto sector is also under stress, with the Fear & Greed Index sliding to 41 from 51 last week, edging closer to risk-off territory. A further dip below 40 could accelerate selling in speculative tokens like PI.
📊 Technical Outlook:
RSI remains oversold near 26–27, signaling persistent weakness.
MACD stays negative, with red histogram bars extending—evidence that bearish momentum is strengthening.
A break below $0.26 could expose the next support near $0.242, while bulls need a decisive rebound above the 50-day EMA ($0.35) to hint at a possible trend reversal.
⚠️ Outlook:
For now, sellers remain in control. Unless sentiment across the wider crypto market improves, PI’s immediate outlook leans toward further downside risk.
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