Pi Network get security wahala, dem dey doubt if users go grow, but technical analysis show say price fit break out
Dem Pi Network dey face serious wahala now because of plenty privacy and security palava, plus dem dey doubt say dem get di amount of users wey dem claim and if di thing useful for real life. Dem dey talk say na scam operation dey run, because dem dey delay launch, maybe insiders dey manipulate price, and big user data leak happen for Vietnam. People wey dey criticize am dey ask why dem claim 60 million active users, when dem no see much real engagement, say na referral recruitment dey drive most activities, not genuine use. Privacy wahala don even worse, as users dey complain say dem dey collect plenty data, and say dem fit face phishing or identity theft through dia KYC process. But for all dis wahala, some users for Asia and Florida talk say dem don use Pi tokens for small small goods and services. However, Pi token (PI) no dey listed for major cryptocurrency exchanges, so e no get real market value and e hard to sell. Still, users no dey required to pay any cash, so direct risk to dia money no too much. From trading side, Pi Network (PI/USDT) dey show technical signs say e fit go up. Dem don identify one falling wedge formation, and if e break key resistance levels, e fit trigger big price rally up to 98%. Di price still dey below 50-period EMA, with low volatility as tight Bollinger Bands dey show. Recent improvements for RSI momentum and positive turn for BBTrend indicator even strengthen di bullish outlook. But e still need to break above resistance for confirmation. In summary, even though people dey doubt Pi Network legitimacy and user security, di direct financial risk no too much for traders. Technical analysis dey suggest say traders suppose watch out for breakout scenario, but continuous security worries and market inaccessibility still dey pose significant risks.
Neutral
Even though PI/USDT get strong sign say e fit bullish for price, many worry still dey about Pi Network security, dem dey doubt pipo wey dey use am, and dem no dey list for big exchange. Wetin users fit lose no much, but tori about pipo wey dey do shakara, data wey no secure, and general doubt fit make small small investors no show body. So, even if price fit jump up and down small time, or break out, we no sure how e go last, so na why crypto traders wey dey watch dis project suppose just siddon look.