PI has been locked in a narrow sideways trading range recently, but the momentum indicators are weakening, suggesting a possible breakdown forthcoming. As future token unlocks loom, fears of dilution are causing increasing sell pressure on PI. This situation is creating uncertainty about the token’s ability to maintain its value moving forward. Investors should prepare for potential volatility and consider the broader implications of upcoming unlocks on the circulating supply and its impact on price stability. Monitoring these developments will be crucial for stakeholders invested in PI.