Pi Network (PI) Price Analysis: Trading Volume Remains Low, Market Conditions Favor Short Positions
Gate news, Pi Network (PI) is currently facing significant price pressure. According to analysis by Captain Altcoin, after a failed breakout earlier in the week, the price of Pi coin has retreated above the key support level and is consolidating within a narrow range, lacking strong momentum. Even more concerning is the sharp decline in volume, with all major hourly indicators showing a downward trend, making the market environment seemingly more favorable for short positions.
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