{"content":"Pi Network Struggles ⚡ – Can Bulls Hold the Breakout Above the Falling Channel? As a channel breakout rally reverses, Pi Network maintains over $0.3500. The Crypto Fear and Greed Index is neutral before Wednesday's US Federal Reserve announcement. As bullish momentum persists, PI is at a critical point. At press time on Tuesday, Pi Network (PI) pricing is over $0.3500, fighting to break a channel. The technical forecast suggests that the PI token is at a critical point as market mood remains quiet ahead of the US Federal Open Market Committee (FOMC) meeting, which will vote on interest rate reduction on Wednesday. Holding market sentiment The US FOMC meeting on Wednesday is expected to decrease rates by 25 basis points, keeping cryptocurrency market mood constant. CoinMarketCap's Crypto Fear and Greed Index at 50 is neutral, signaling investors are waiting. Market inactivity puts the Pi Network at danger of losing positive momentum. Cryptofear and Greed Index. From CoinMarketCap Pi Network faces major opposition at 50-day EMA. On Tuesday, Pi Network fell over 1% from its intraday high of $0.3643. This causes the mobile mining cryptocurrency to retest a broken falling channel's resistance trendline on the daily chart, marking a turning point. To continue rising, PI should break the 50-day Exponential Moving Average (EMA) at $0.3805 after recovering from $0.35. Stable dynamic resistance has provided four bearish reversal opportunities since May 21. A decisive closing above the 50-day EMA might target $0.4437, the R1 pivot level. Technical indicators indicate bull trend control on the daily chart, increasing upward potential. The Relative Strength Index (RSI) at 48 flashes neutral at the midway point. However, if PI fails to maintain the broken trendline around $0.3500, negative pressure might return to the August 1 record low of 0.3220. Next, the pivot levels indicate S1 and S2 supports at $0.2996 and $0.2387. #pi #PiCoreTeam #AltcoinSeasonComing? #FedRateCutExpectations #USBitcoinReserveDiscussion $SOL $BTC $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/16/692ee2e783bd46e4b39c457739b4a6ca.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}