Pi Coin is facing critical levels ahead of a major token unlock.
The current market structure shows a series of lower highs and a consolidation range between $0.60 and $0.70.
Over 212.6 million PI tokens, approximately 4.14% of the total locked supply, are set to be unlocked over the next 30 days.
Historically, large-scale token unlocks have led to downward pressure on prices, but the impact will depend on major ecosystem announcements and partnerships.