Pi (PI) Trades Below $0.0788 Trendline in Nov. 2 Chart Snapshot

Pi Network’s native token, Pi (PI), was at $0.0784 in a Nov. 2 chart snapshot, below a descending trendline near $0.0788 that the chart identified as resistance, leaving a breakout unconfirmed.

The snapshot was timestamped 2:37 a.m. ET (07:37 UTC). The descending line connects highs from June 20 and Sept. 30; $0.0828 and $0.1049 were higher chart references, with $0.1049 marking the 50% retracement of a move from $0.1394 to $0.0704.

Daily relative strength index (RSI) was 45 and rising from oversold territory. The moving average convergence divergence (MACD) line crossed above its signal line, though both readings remained negative. The readings indicate improving momentum but do not establish a trend reversal.

The chart also marked $0.0740, the Oct. 15 low, and $0.0704 as lower references. A broad crypto-market Fear and Greed reading was 36 out of 100 on Nov. 2; the gauge measures overall market sentiment rather than sentiment specific to PI.

A previous PI market update described resistance near $0.081 to $0.082 and separately placed longer-term averages on the four-hour chart near $0.0814 and $0.0841.