Pi Network price stabilizes at $0.21 as selling pressure fades, bottom in sight?
Pi Network (PI) traded around $0.21 as sell-side pressure appeared to subside, with the token holding a tighter intraday range after recent declines. Order books on several venues show thinner sell walls and a growing number of smaller buy orders, while intraday volumes have shifted from dominant exits to more balanced flows—signals many traders interpret as early accumulation rather than an outright reversal. On-chain activity remains moderate, so momentum is still tentative.
The current pattern suggests a possible bottom could be forming, which would matter for holders looking to scale in or short-term traders seeking a base. Confirmation would require sustained upticks in volume, higher timeframe closes above key resistances, or positive ecosystem developments to drive demand. As always, markets are volatile; prudent position sizing and defined risk management are recommended until a clearer trend emerges.