As of May 30, 2025, Pi Network (PI) is trading around $0.71 to $0.74, experiencing a 2–3% decline over the past 24 hours. The cryptocurrency has seen a 40% drop from its mid-May peak, attributed to a combination of technical factors and market sentiment.

---
📉 Market Overview
Current Price: Approximately $0.71–$0.74
24-Hour Change: Down **2–3%**
Monthly Performance: Up 23% since the start of May, but down 40% from mid-month highs
---
📊 Technical Analysis
Support Level: Key support is at $0.69. A drop below this could lead to a decline toward $0.61 .
Resistance Level: Immediate resistance is at $0.74. A sustained move above this could trigger a rally toward $0.99 .
RSI Indicator: The Relative Strength Index (RSI) is approaching oversold territory, suggesting potential for a bullish reversal if buying volume increases .
---
🔮 Future Outlook
Short-Term Prediction: Analysts anticipate a potential increase toward the $1.35 resistance area in the near term, provided key resistance levels are broken .
Long-Term Forecast: Projections for 2025 suggest that PI could reach between $1.50 and $2.00, contingent on positive developments such as mainnet activation and broader market support .
---
📌 Summary
Pi Network is currently at a critical juncture, with technical indicators suggesting potential for both further decline and a bullish reversal. Investors should monitor key support and resistance levels, as well as broader market trends, to make informed decisions.
#Gate was named "Best Crypto Exchange 2025"#