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Pi Network dips 1% as falling Open Interest leaves $0.0801 support at risk

Pi Network dips 1% as falling Open Interest leaves $0.0801 support at risk

Photo: CoinJournal

Key takeaways The token traded near $0.0823, recovering modestly from support at $0.0801. Futures open interest fell to $8.94 million from $10.38 million, a decline of approximately 14%. PI faces resistance at $0.0827 and $0.0902, while a break below $0.0801 could expose $0.0704. Pi Network is trading lower on Thursday, offering a modest pause in its recent selloff as weakening derivatives activity and bearish momentum continued to cloud the recovery outlook. PI traded around $0.0823, down by 1%, after seven consecutive bearish daily closes.

Source: CoinJournal

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