$PI recently rallied into the $0.137–$0.139 supply zone, a key resistance area where sellers quickly stepped in.

The rejection from this zone suggests bullish momentum is weakening.

Price is now showing signs of a pullback, and if selling pressure continues, PI could retrace toward the $0.123–$0.125 support region before finding buyers again.

~ Strong rejection at resistance

~ Bearish short-term structure forming

~ Pullback toward support looks likely

Unless buyers reclaim the supply zone, the short-term bias remains bearish. Watch how price reacts at lower support levels for the next move. #Pi #PiNetwork #DeFi