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#PI# The price of $PI is currently hovering around the critical $0.70 zone, which has so far acted as a strong support after multiple successful rebounds. However, the selling pressure around this level is starting to build steadily, signaling a potential breakdown. Volume has slightly increased as the price approaches support, indicating that bearish momentum may be gaining strength. If buyers fail to hold the $0.70 line, and we see a solid candle close below $0.705 accompanied by rising volume, it could trigger a short-term panic sell.
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If $0.70 is decisively broken, the next immediate downside target lies around $0.685 as a minor support level. However, if bearish momentum continues without signs of strong accumulation, a deeper drop towards the $0.615–$0.59 demand zone becomes likely—especially if triggered by negative sentiment or whale outflows. In such conditions, the best strategy is to avoid impulsive entries and wait for a clear bounce signal at lower support, while closely monitoring volume and order book reactions in real time.
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