🚨 Pi Network's PI Token Crashes 10%! What's Next? 💥📉

Pi Network’s PI Token Faces Sharp Decline After Mainnet Migration: What’s Driving the Sell-Off? 🚨 Pi Network’s PI token experienced a significant drop of 10% following the completion of its mainnet migration on March 14. This sell-off has sparked concerns as market sentiment turns bearish. With the token now trading at $1.43, experts are predicting the price could fall further to $1.11 if the downward pressure continues. The Relative Strength Index (RSI) has dropped to 38.90, signaling a bearish trend. Additionally, the Aroon Indicator highlights a strong sell-off momentum, further hinting at potential declines. However, should the demand for PI increase, the token could find support and rise toward $2.05. Could the PI token bounce back, or are we facing a prolonged downtrend? Stay tuned as the market reacts to this ongoing situation.