Pi Network (PI) is under pressure with 138.21 million PI tokens, worth $37 million, set to unlock in October. The altcoin has been trading sideways since September 23, risking a retest of its all-time low if demand remains weak. On-chain data indicates a bearish sentiment, with PI's weighted sentiment below zero since September 24. The Super Trend Indicator also suggests a bearish outlook, with PI trading below the $0.3279 resistance level. A further decline in demand could see PI fall below $0.2573, potentially reaching $0.1842. Conversely, a rebound above $0.2917 could drive it toward $0.3987.