Pi Network’s token, Pi Coin, currently faces a bearish trend, struggling against fading momentum. The token is trading at approximately $0.6448. Technical indicators, including MACD and moving averages, show negative signs across various timeframes. Many investors look for bullish news, but the current outlook remains uncertain.

The situation is compounded by recent token unlocks that seem to have contributed to downward pressure on the price. Investors closely watch Pi Coin as a few indicators hint at a potential bounce back in the future. However, for now, caution is advised as the market sentiment appears to be bearish.

Continue following updates for potential insights that could affect Pi Coin’s future performance.