Pi Network's price fell by 5% to $0.2080 in the past 24 hours, reflecting ongoing bearish sentiment in the market. The cryptocurrency's market capitalization decreased to $1.73 billion, while trading volume increased by 14.86% to $20.2 million. Technical indicators show the -DMI remains above the +DMI, and network activity has not surpassed key resistance levels. Traders are closely monitoring the $0.1919 support level, with potential further declines to $0.19 if the downtrend persists. Despite the current downturn, some community members remain optimistic about Pi's long-term potential as a Web3 payment solution.