Pi Coin Price Falls 10%, All-Time Low Now Just 9% Away

PIUSDT price is currently hovering at $0.44, just 9% away from its all-time low of $0.40. The recent decline has pushed the altcoin below the support of $0.45, indicating a weak position. The next support level for Pi Coin is crucial as it attempts to hold above its current levels.

With Pi Coin already down 10% in the past two days, the outlook appears grim. Should the selling pressure continue, the altcoin may easily slide to its all-time low, forming a new ATL (all-time low). This would mark a new low in PIUSDT short history, potentially signaling a longer-term bearish phase.

However, if PIUSDT manages to reverse its course, there is hope for recovery. If it can secure $0.45 as a reliable support floor, the altcoin may push past $0.49 and even reach $0.51. If these levels are reclaimed, the bearish thesis could be invalidated, and a new upward momentum may be formed.