Pi Network Price Surges — But Is a Devastating Crash Looming?
Pi Network has staged a remarkable 92% rebound in just ten days, climbing to its highest price since late March amid a broader crypto market recovery. However, despite this bullish momentum, technical indicators are flashing warning signs. A rising wedge pattern and emerging bearish divergences suggest that Pi could be on the verge of a sharp pullback, with a potential drop of nearly 47% if key support levels fail to hold. Still, a breakout above $0.8610 could reignite bullish hopes, with the $1 mark in sight.