#pi Pi Network Price Forecast: PI rebounds slightly but selling pressure persists.

#MarketRebound Technical outlook: Will the PI token price crash further?

Pi Network holds above $0.1900 at the time of writing on Tuesday, roughly 30% up from Monday’s low at $0.1502. This rebound aligns with the large exchange withdrawals and avoids a breakdown at the $0.1919 support level.

The downward-sloping 20-day and 50-day Exponential Moving Averages (EMAs) reflect a prevailing downtrend. #WriteToEarnUpgrade

However, a rebound in PI could face opposition at the declining 20-day and 50-day EMAs at $0.2045 and $0.2116, respectively.