Pi Network experienced a surge in price movement, skipping sweeping liquidity below, which might still attract the price back down.
If price revisits the demand zone, spot buyers may find opportunities based on their trading strategies.
On the M30 chart, a supply zone is highlighted where the price might react before continuing lower or revisiting liquidity.
Pi Network is a mobile-first blockchain project that allows users to mine Pi using their phones, creating a large community, but the token is not fully tradable on major exchanges yet.