Pi Network (PI) experienced a steep drop of 26.31%, with RSI reaching an oversold level of 23.35.After the decline, there was a short-term recovery of 8.03%, with Pi trading at $0.965763 and a 24-hour volume of $1.18 billion.Token unlocks increase selling pressure, potentially leading Pi towards lower support levels such as $0.3 or even $0.009.Long-term growth for Pi Network depends on ecosystem development and the success of its DApps.