Pi Network Price Forecast: PI Extends Bearish Channel Decline as Risk of Fresh Lows Grows
BitcoinWorld Pi Network Price Forecast: PI Extends Bearish Channel Decline as Risk of Fresh Lows Grows Pi Network’s PI token has extended its decline within a bearish channel, with technical indicators suggesting the risk of fresh lows remains elevated as of mid-2025.
The cryptocurrency, which has faced persistent selling pressure since its mainnet launch, is now trading near critical support levels that could determine its near-term trajectory.
Understanding the Bearish Channel The bearish channel pattern, characterized by lower highs and lower lows, has been a dominant feature of PI’s price action over recent weeks.
This technical formation typically signals that sellers remain in control, and unless a breakout occurs, the path of least resistance is downward.
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