# Pi Network Price Update – Stay Alert for $10M Unlocks
## Introduction
The Pi Network (PI) has shown positive movement on July 3, reflecting a general uptrend in the cryptocurrency market. Currently, the price of Pi Network stands at $0.50, marking a modest 1.63% increase within a 24-hour period. However, caution is advised as bearish indicators have emerged, including the formation of a bear flag pattern. This article will delve into the potential warning signs ahead of the unlocking of $10 million worth of PI tokens.
## Pi Network Price Recovery
Amidst a broader crypto market recovery, Pi Network has seen a green trading day. As of the latest data, the price of PI has reached $0.50, signaling a slight upward movement. This positive price action aligns with the overall market sentiment, indicating a favorable trading environment for PI holders.
## Bearish Pressure Looms
Despite the recent gains, Pi Network faces bearish pressure as it presents a bear flag pattern. This pattern could signify a potential downward trend in the price of PI. Traders and investors should remain vigilant and closely monitor the market dynamics to navigate potential risks associated with the bearish indicators.
## Conclusion
As the Pi Network price shows signs of recovery, traders should exercise caution in light of the emerging bearish pressure and the $10 million unlocks on the horizon. Staying informed and being proactive in risk management strategies will be essential for navigating the potential challenges in the PI market.
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This article highlights the recent price movements of Pi Network and warns traders about potential bearish signs ahead of significant token unlocks. Stay informed and exercise caution when trading PI to mitigate risks and make informed decisions.