<ul data-eligibleForWebStory="true"><li>Pi Coin's recent drop in price has traders' attention as volume surged by 11% to $90 million following ecosystem updates during Pi Day 2 event.</li><li>Technical analysts suggest Pi might be poised for a reversal with a possible double-bottom formation near $0.40, hinting at a move towards $1 and potentially higher levels.</li><li>Bullish signals include a falling wedge pattern, shrinking volatility indicators, and ecosystem expansions like Pi AI Studio, Directory Staking model, and a $100 million fund for app development.</li><li>Amid hopes for a potential rally, caution exists as a drop below $0.4047 could negate bullish scenarios and increase the risk of further downside.</li></ul>

Pi Coin Slides, But Signals Hint at Potential Rebound

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