Is Pi Network Poised for a Stunning Comeback in August 2025, or Is the 75% Loss Too Deep to Undo?
Is seller exhaustion incoming?
Source: PI/USDT, TradingView
On the daily charts, the SuperTrend signal was still on a firm ‘sell’ rating for PI. The sell signal has remained unchanged for the past two months. On the contrary, the RSI was close to the oversold zone, hinting at potential seller exhaustion.
Both the technical indicators exploded higher during the May bull run. As such, a positive pivot could suggest a likely reversal of the downtrend. The immediate recovery targets would be $0.67 or $1 (50% Fib level), with a potential 60% or 150% gain if hit.
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