<ul data-eligibleForWebStory="true">Pi Network is currently experiencing a downtrend with key support levels at $0.50 and $0.40, and resistance levels at $0.52 and $0.67.Sellers have dominated the market, leading to a bearish signal despite attempted relief bounces.The price could potentially reach new lows if the key psychological level of $0.50 is breached.The Relative Strength Index (RSI) indicates a clear downtrend with no signs of reversal yet, potentially leading to further price decreases.