Pi Network Token Hits All-Time Low Amid Supply Surge
- Token Price Plunge: The PI token of Pi Network fell to a new low of $0.126 on June 5, 2026, marking a decline of over 30% in a month, indicating a bearish sentiment that could further erode investor confidence.
- Supply Pressure Intensifies: More than 163 million PI tokens are set to unlock in June, averaging over 5 million per day, with nearly 16 million expected on June 11, which will exacerbate downward price pressure in a thin liquidity environment.
- Deteriorating Market Conditions: Amidst a broader market selloff where Bitcoin and Ethereum prices have dropped, over $1.6 billion in leveraged positions were liquidated, severely impacting demand for speculative altcoins like Pi Network.
- Ecosystem Development Lagging: Although CiDi Games launched a Developer Center and four new games to attract users, they have yet to generate sufficient demand to offset the supply pressure from token unlocks, highlighting the challenges Pi Network faces in establishing real utility.
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Technical Analysis for JST
Technical Sentiment Analysis for JUST (JST). As of , JUST (JST) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for JST stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, JST is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
JUST (JST) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0605 | 0.0665 | 0.0724 | 0.0785 | 0.0844 | 0.0904 | 0.0963 |
| Fibonacci | 0.0665 | 0.0711 | 0.0739 | 0.0785 | 0.083 | 0.0859 | 0.0904 |
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