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After facing consistent rejections below the descending trendline, Pi Network price continues to decline, now hovering around the $0.459 level. Price action has entered a key demand area, but signs of trend weakness remain, with no strong bullish structure emerging yet.
On the 4-hour chart, Pi Network price action remains trapped within a falling channel, marked by a well-respected descending trendline from the $0.64 high. Despite occasional bullish attempts, each breakout has failed to sustain, leading to successive Breaks of Structure (BOS) and Change of Character (CHoCH) zones favoring sellers.
Most recently, price formed a weak low at $0.459, with another BOS forming just below. Liquidity resting under $0.44 now becomes the next magnet for short-term market interest. Sellers have defended the $0.50–$0.55 imbalance zone consistently, while upside volume has failed to penetrate the higher supply between $0.64 and $0.66.
Why Pi Network price going down today can be explained…
The post Pi Network Price Prediction For July 6, 2025: Will PI Hold $0.44 Or Slide Toward $0.40 Amid Bearish Control? appeared first on Coin Edition.
Read More
After facing consistent rejections below the descending trendline, Pi Network price continues to decline, now hovering around the $0.459 level. Price action has entered a key demand area, but signs of trend weakness remain, with no strong bullish structure emerging yet.
On the 4-hour chart, Pi Network price action remains trapped within a falling channel, marked by a well-respected descending trendline from the $0.64 high. Despite occasional bullish attempts, each breakout has failed to sustain, leading to successive Breaks of Structure (BOS) and Change of Character (CHoCH) zones favoring sellers.
Most recently, price formed a weak low at $0.459, with another BOS forming just below. Liquidity resting under $0.44 now becomes the next magnet for short-term market interest. Sellers have defended the $0.50–$0.55 imbalance zone consistently, while upside volume has failed to penetrate the higher supply between $0.64 and $0.66.
Why Pi Network price going down today can be explained…
The post Pi Network Price Prediction For July 6, 2025: Will PI Hold $0.44 Or Slide Toward $0.40 Amid Bearish Control? appeared first on Coin Edition.
Read More