PI Network (PI) registered a 9% drop on Friday (21), reinforcing the recent moment of low. The fall occurs after Justin good classifying the project as a potential “blow”, feeding negative feelings.

Technical indicators such as Bbtrend and RSI also point to low -sustained pressure. With the price struggling to keep over $ 1, traders are watching whether PI will be able to stabilize or if new losses are coming.

Pi Network Bbtrend reaches lower levels of all time

PI Network Bbtrend is currently at −40.69, marking the lowest reading ever registered, remaining negative in the last five days.

Bbtrend, or Bollinger Band Trend, is an indicator that measures the direction and force of trend based on the price movement compared to Bollinger bands.

Positive values ​​usually indicate high momentum, while negative values ​​suggest low momentum, with extreme values ​​often signaling strong trends.

With PI Network Bbtrend in deeply negative territory, he points to a low -sustained momentum.

This may suggest that sellers are firmly in control, and the asset may continue to face low pressure unless an abrupt reversal occurs.

A negative Bbtrend prolonged such as this often signals that the market is in a strong low trend, and traders can remain cautious until stabilization signs or positive change appear.

Pi Network RSI recovers after reaching over -level levels

Pi Network RSI rose to 36.15 after falling to 17.5 a few hours ago, showing a slight recovery at Momentum.

O Relative Strength Index (RSI) It is an indicator of momentum that measures the speed and the change of price movements. Values ​​above 70 indicate overcomparad conditions, and values ​​below 30 suggest that an asset is overwhelmed.

The PI Network RSI was now just over 36, leaving the Overwhel Zone, but remaining in the low territory.

This may imply that although some purchase pressure has returned, the general trend is still weak. More gains will depend on the RSI continues to go up.

If the RSI cannot rise, PI Network may remain vulnerable to additional corrections.

Will PI fall below $ 0.90?

PI Network has fallen below $ 1 for the first time since February 22, as the low momentum intensifies. This fall occurs after Justin good exposed Pi Network’s flaws, raising worries and calling the project a potential “blow.”

If the correction deepens, the price of PI can test key support zones around $ 0.81 and possibly $ 0.62.

However, if PI Network can recover strength despite criticism, it can advance toward resistance at $ 1.23.

A strong recovery could make way for a movement towards $ 1.79, but the feeling remains fragile after the allegations of good and the recent price break.