Pi Network price loses $0.08 ahead of upgrade: Can PI reverse its slide?

Pi Network price has slipped below $0.08 ahead of its Oct. 16 Protocol 28 mainnet upgrade, with daily momentum weakening and the 4-hour trend still pointing lower. Summary PI traded at $0.07894, down 1.55% on the daily TradingView chart on Oct. 14. Daily RSI stood at 35.51, below its signal average and the neutral 50 level. The 4-hour Supertrend remained bearish, with its resistance line positioned at $0.08300. Pi Network scheduled Protocol 28 for Oct. 16 after an Oct. 13 node upgrade deadline. TradingView’s OKX PI/USDT daily chart showed PI at $0.07894 on Oct. 14, compared with a daily opening price of $0.08025. The token traded between $0.07808 and $0.08094, placing it near the lower end of that range as the network approached its next scheduled upgrade. The daily and 4-hour charts both showed PI below nearby trend indicators. On the daily timeframe, price remained beneath the Bollinger Bands’ middle line, while the 4-hour Supertrend stayed above the market following the latest decline. Pi Network price approaches the lower Bollinger Band TradingView’s daily chart placed the Bollinger Bands’ middle line, a 20-day simple moving average, at $0.08607. The upper band stood at $0.0952...