The Token #Pi fell below the $1 mark after reaching an all-time high of $3 following the launch of its mainnet on February 20. It hit lows around $0.70, leaving many investors uncertain about the future. However, it has recovered, trading around $0.96. Despite this decline, analysts see potential for recovery, and there are signs that a breakout could happen. If the support level holds, Pi could push towards $2.

The trading volume initially increased but then decreased, indicating that sellers currently dominate the market. This weakens the buying momentum. After a 3% decline, the price approaches a critical support level at $0.70. If it breaks through, this could lead to further declines, potentially to $0.50 or $0.10. The positive aspect is that if it regains the $1 level, this could trigger a bullish move to $1.20, bringing hope for a recovery.
Personally, I sold Pi and do not believe in its growth.