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Pi Network token drops below $1B market cap amid ongoing bearish trend and failed $0.10 resistance break

Technical Signals
18 Sep 2026
AMBCrypto
View Source
Bearish
Pi Network token drops below $1B market cap amid ongoing bearish trend and failed $0.10 resistance break

Pi Network's cryptocurrency, PI, has fallen below a $1 billion market cap following a 13.4% decline over the past week, continuing a bearish trend since June 2025. Despite Bitcoin's recent volatility and partial recovery after the FOMC rate decision, PI has struggled to surpass the key $0.10 resistance level, with sellers dominating the market. Technical analysis suggests potential short-term price bounces, but traders are advised to sell on rallies due to the prevailing downtrend and tightening liquidity conditions that may impact crypto markets further.

While Pi Network's PI token faces a downtrend and liquidity concerns, Bitcoin on Pluang shows resilience with a price of Rp1.382.389.258 and a 1-day gain of 1.49%. The market leans more towards buying, with 70% of orders on Pluang favoring purchases over sales. These figures are current as of Sep 18, 2026 19:22 WIB.

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