Pi Network price prediction for August 2025 – Can it reverse 75% losses?

Main Idea
Pi Network's price has dropped to a key support level of $0.40, which could potentially trigger a rebound in August, but broader market sentiment and technical indicators remain uncertain.
Key Points
1. Pi Network's price fell 75% from $1.67 to $0.40 after a 190% surge in May, with persistent profit-taking over the past two months.
2. The SuperTrend indicator remains on a 'sell' signal, but a positive pivot could suggest a reversal, with potential recovery targets at $0.67 or $1 (50% Fib level).
3. Social volume and market sentiment for Pi Network are low, with declining Open Interest (OI) from nearly $17 million to below $12 million.
4. A failed attempt to break the downtrend in mid-July did not spark a strong rally, as indicated by low funding rates and declining OI.
Description
Defending $0.40 could offer bulls some relief and a shot at fronting a recovery.
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