Pi Network (PI) has made waves as the biggest airdrop in crypto history, surpassing even Uniswap. However, its price performance has been turbulent since its debut. Despite the initial excitement, Pi's Average Directional Index (ADX) has plummeted from 60.2 to 15, signaling a lack of clear trends and waning market momentum.

The Relative Strength Index (RSI) tells a similar story, dropping from over 90 to 45.2. This shift indicates a move from extreme buying pressure to a more cautious stance. If the selling pressure persists, Pi may test support at $0.71. Conversely, a reversal could propel it towards resistance at $1.02, possibly reaching $1.26.

The decline in ADX highlights decreasing volatility and suggests that Pi Network's price might consolidate until a new trend emerges. The +DI and -DI lines indicate a decrease in buying pressure and a rise in selling pressure, hinting at a shift in market sentiment.

The RSI, currently at 45.2, shows a significant drop from its peak, reflecting a change from overbought to more neutral conditions. Traders are advised to stay alert for potential trend reversals as the market seeks clarity.

Whether Pi will fall below $0.70 or soar to $1.26 remains uncertain, with market forces poised for further action. Stay tuned for the latest updates on Pi Network's intriguing journey in the crypto space.