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Pi Network price dips to $0.67 as technicals hint at further downside

  • Pi Network's price has dropped to $0.67, down from $0.71, indicating potential further downside risk.
  • The market sentiment for Pi Network remains cautious due to negative technical signals and low volume.
  • Key indicators, such as Chaikin Money Flow (CMF) and squeeze momentum indicator, suggest bearish momentum and potential for a sharp downward move.
  • Immediate support for Pi Network is at $0.61, with a risk of further decline towards $0.57 if the current support level is breached.

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