Token #Pi# 💜💜💜 Network (PI) may bounce back from the historical minimum.

The pressure to sell the PI token is weakening.
On the daily chart, the MACD indicator for PI is approaching a positive crossover, signaling a potential increase in buying activity. A positive crossover occurs when the MACD line (blue) crosses above the signal line (orange).
This is a bullish signal indicating the strengthening of the asset's short-term dynamics relative to its long-term trend. For PI, this means that interest in buying is increasing and may lead to a price increase in the near future.
The BBTrend indicator for PI shows that the red bars are gradually decreasing since the beginning of the sideways trend. This indicates a decrease in selling pressure and a possible shift towards buying.
The next step of the PI Token depends on demand.
If the demand for PI remains high, it may break through the resistance level at $0.37. Turning this level into support could lead to a rise to $0.44.
If demand weakens, PI may return to a sideways trend or fall below $0.34.
#ltc# #uni# #xlm#