ETH: Pi Network reclaimed the $0.1500 level after dropping below this critical area 🚀
The token has shown strong performance following the mainnet upgrade, with upgrades to Stellar protocol version 23 and backend improvements like OS migration from Ubuntu 20 to Ubuntu 24. 🔗
At press time, PI is trading around $0.1518, extending recent losses while technical indicators hint at a possible short-term rebound. 📉
With momentum indicators suggesting selling pressure may be weakening, the Relative Strength Index (RSI) is near oversold levels and forming a positive divergence as price approaches Tuesday's low of $0.1463. 💼
If buying momentum increases, PI could attempt to retest resistance near $0.1519, before potential support at $0.1463. Keep an eye on these levels for further movement! 🌟
Are you bullish or bearish? 👇