Pi Coin (PI) is experiencing a significant downturn, with a 43% decline over the past month. Technical indicators such as the Money Flow Index (MFI) and Chaikin Money Flow (CMF) reveal diminishing buying pressure, while the Bull Bear Power (BBP) suggests a slow reduction in bearish momentum. For a bullish breakout, Pi Coin would need to rally 34% to reach $0.27. Conversely, a fall below $0.19 could lead to a sharp decline to $0.15.
Pi Coin Faces Potential Downside Amid Weak Technical Indicators
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