Pi Network Token Falls to $0.61 as Sell-Off Intensifies

In Brief:

PI price drops 22% in the past week, hitting a 7-day low of $0.61.

Bearish indicators show sustained sell-side pressure, with $0.55 as key support.

Pi Network’s native token, PI, has declined sharply over the past seven days, falling 22% to trade at $0.61. The drop marks a fresh 7-day low and reflects growing bearish sentiment around the asset amid a broader market downturn.

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The global crypto market cap has shed over $170 billion in the same period, contributing to risk-off sentiment. PI’s weakness has been further confirmed by its Bollinger Band Trend (BBTrend) indicator, which is now at -4.52—a sign of sustained downward momentum.

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Technical signals suggest the token is closing consistently near its lower Bollinger Band, pointing to continuous selling activity. Meanwhile, the Smart Money Index (SMI) has also dropped, indicating declining institutional interest and a potential precursor to deeper losses.

All eyes are now on the $0.55 support level. If that floor fails to hold, PI could slide further toward its all-time low of $0.40. However, a surge in buyer activity could shift momentum and send the price toward $0.86 resistance.

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As bearish pressure builds, PI traders and holders are watching closely to see if bulls can defend current levels—or if the downtrend will deepen further.

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