Pi Network's native token PI is trading around $0.188, taking an 8% hit over the last 24 hours in a broader market dip of roughly 2.5%. Things have looked rougher at the weekly and monthly scale—down 9% and 11% respectively. From an all-time high of $2.99, the token sits approximately 94% lower, signaling extended weakness. The technical picture isn't helping: RSI has plunged to 11.5, marking a one-year bottom, while trading volume is drying up fast and MACD remains in negative territory. That said, oversold conditions sometimes spark mean reversions. Some traders are eyeing potential short-term support around $0.35 as a rebound target, though confirmation would require volume and momentum shifts.