**Pi Network’s PI Coin: What’s Next After Resistance Rejection?**
**A Close Call: PI Coin’s Attempt to Break $0.52 Resistance**
Pi Network’s native token, PI Coin, made a bold move yesterday, trying to break away from the $0.52 resistance level. However, the attempt was met with rejection, leaving investors wondering what’s next for the cryptocurrency.
**Key Levels to Watch**
As we navigate the uncertain waters of the PI Coin market, it’s essential to keep an eye on key support and resistance levels. These levels can provide valuable insights into potential price movements and help investors make informed decisions.
**Support Levels:**
* $0.40: A crucial support level that could provide a cushion for the PI Coin price if it continues to decline.
* $0.44: A secondary support level that may come into play if the $0.40 level is breached.
**Resistance Levels:**
* $0.52: The level that PI Coin attempted to break yesterday, but was rejected. This level remains a significant hurdle for the token’s upward momentum.
**Downtrend Remains Intact**
Despite the recent attempt to break the $0.52 resistance, the downtrend in PI Coin’s price remains intact. This suggests that the token may continue to face headwinds in the short term, making it essential for investors to exercise caution and stay informed about market developments.
Stay tuned for further updates on PI Coin’s price movements and predictions. Will the token be able to break the $0.52 resistance in the coming days, or will it continue to struggle? We’ll be keeping a close eye on the market to bring you the latest insights and analysis.
