Pi news update: Bulls aim to hold $0.47 support as bears reject breakout

Pi price turned bearish after key updates failed to boost momentum. A rebound from $0.47 is possible, but $0.66 remains a strong resistance level to clear.

Key points:

The recent announcement of two major features has failed to arrest the fall in PI price, but a bounce could start from $0.47.

Pi (PI) announced the release of two major features on Friday, but the news has failed to ignite the markets. 

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