PI Network (PI) Eyes Revisit of $0.40 All-Time Low as Bearish Pressure Mounts

PI has been on a steady downtrend since February 26, shedding 72% of its value as bearish sentiment continues to weigh on the token. Bearish pressure continues to mount on the PI token, suggesting that it may be poised to enter a new phase of decline.   PI Network Risks Fresh Decline An assessment of the PI/USD one-day chart reveals that token holders remain steadfast in their distribution. At press time, PI’s Balance of Power (BoP) is negative, reflecting the selling pressure in the market source: https://beincrypto.com/pi-token-price-bearish-pressure-risk-drop/