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Pi Network Price Risks Another Drop Below $0.0740 as Selling Pressure Builds

Picture: Crypto News Focus

Pi Network (PI) is facing renewed downside pressure as the broader crypto market weakens. The price has moved closer to $0.0740, a key support level that could determine whether the decline continues toward $0.0704. Market sentiment is also deteriorating. With crypto liquidations exceeding $350 million in 24 hours and PI trading below key moving averages, buyers have yet to show enough strength to support a sustained recovery. The wider cryptocurrency market came under pressure after the US Federal Reserve kept interest rates unchanged at 3.75% to 4.00%.

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