PI coin is priced at $0.188 today, down 8% over the past 24 hours (compared to a 2.5% decline in the broader market). The weekly decline of 9% and monthly decline of 11% are even more concerning. Since its all-time high of $2.99, this represents nearly a 94% drop. From a technical perspective, the RSI has fallen to a one-year low of 11.5, trading volume has significantly shrunk, and the MACD has turned negative—almost all indicators are flashing red. However, such extreme oversold conditions often signal a potential rebound. Some analysts believe there may be a short-term opportunity for a rebound to around $0.35, but caution is advised and further observation of trading volume is necessary to see if it can support a recovery.