Pi Network Outlook: Bearish Pressure and Weak Demand Spells Trouble for PI

PI has recorded a modest 1% gain in the past 24 hours, mirroring the broader market rally during that period.   However, despite this short-term uptick, key technical indicators suggest that the token remains under significant bearish pressure, with further losses on the horizon.   PI’s Buying Pressure Fades as Bearish Signals Dominate PI’s Chaikin Money Flow (CMF) has maintained a downward trend since March 14, reflecting the weak buying activity among market participants. At press time, the indicator, which tracks how money flows into and out of an asset, is below zero at -0 source: https://beincrypto.com/pi-network-bearish-weak-demand/