Pi Network Price Forecast: PI risks further decline amid key support level breakdown

Pi Network (PI) is trading near $0.1700 at press time on Friday after losing over 5% the previous day. Deposits on Centralized Exchanges (CEXs) totaled over 2 million PI tokens in the last 24 hours, suggesting a profit-taking from investors amid the second rounds of mainnet migration. Pi Network clings to $0.1700 on Friday after a 5% loss… Pi Network (PI) is trading near $0.1700 at press time on Friday after losing over 5% the previous day. Deposits on Centralized Exchanges (CEXs) totaled over 2 million PI tokens in the last 24 hours, suggesting a profit-taking from investors amid the second rounds of mainnet migration. Pi Network clings to $0.1700 on Friday after a 5% loss the previous day.Over 2 million PI tokens were deposited on CEXs in the last 24 hours amid the second migration phase, weighing down on Pi Network price.The PI token risks an extended decline to $0.1556 amid a bearish technical picture.Pi Network (PI) is trading near $0.1700 at press time on Friday after losing over 5% the previous day. Deposits… For traders, this matters because equity-specific headlines can influence sector leadership, index tone and short-term volatility around positioning. Watch whether the reaction stays isolated to one name or spills into the broader sector, index futures and correlated risk assets.