Pi Network price forecast targets $0.12 support amid July token unlocks

The Pi Network cryptocurrency is trading at roughly $0.128, having slipped about 8.5% in June. Analysts highlight a crucial technical support level near $0.12; breaching this could trigger further decline toward $0.10. July is set to see the release of 103.7 million Pi tokens, adding supply pressure at a time when market demand appears weak. Open interest in Pi derivatives has dropped from $28 million to $20 million, reinforcing a bearish outlook, while the Relative Strength Index sits at 41, below the neutral 50 threshold.

Liquidity constraints are compounded by Binance’s pending suspension of EU services on July 1 due to MiCA licensing issues, tightening capital flow for many altcoins. In parallel, the Pepeto presale has raised $10.3 million, illustrating ongoing investor interest in related meme‑coin projects, though Pi’s own price trajectory remains tied to its support level and token unlock schedule.