<ul><li>The cryptocurrency PI has recorded a severe decline of 26.3% in the last 7 days, with a significant drop of 9.4% in the last 24 hours.</li><li>Traders are moving away from the PI market, indicating a drop in demand.</li><li>Technical indicators such as On-Balance Volume (OBV) and descending parallel channel confirm the selling pressure and bearish trend in the PI market.</li><li>If selling pressure continues, PI could break below the downward-sloping channel, potentially reaching a price as low as $0.62.</li></ul>

PI Coin Price Drops 26% – Will the Downtrend Continue or a Rebound Ahead?

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