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Pi Network Token rise, but the downward deviation threatens new profits.
Pi Network Token rose 2% in the past 24 hours, fueled by the broader recovery of the crypto market. The altcoin is currently trading at USD0.63.
PI is approaching a key resistance level at USD0.65
PI is currently trading at USD0.63, close to the resistance level at USD0.65. If demand starts to decrease, this upward trend may reverse and could trigger a price drop to USD0.57.
However, if there is new demand entering the market and the rise of PI is currently supported, it may break through the resistance at USD0.65 and rise to USD0.72.
#Pinetwork #PiNetwork $PI, #May CPI Incoming #Tech Giants Eye Stablecoins #Spot Bitcoin ETFs Top 1.1M BTC