Pi Network price at risk as critical support level approaches potential breakdown

Current Market Situation: Pi Network's price has lost its bullish structure, with weak buyer interest leading to a potential decline towards the $0.19 support zone.

Key Support Levels: The immediate support is at the value area low, which is crucial to prevent further drops, while $0.19 serves as the next major support level with significant liquidity.

Market Dynamics: The overall market structure has turned bearish, characterized by declining buying strength and a lack of bullish volume, indicating sellers are in control.

Future Price Action: Monitoring the value area low is essential; a breakdown could lead to a drop towards $0.19, while increased buyer activity could allow for a rebound towards the $0.28 resistance.