Pi Network’s price struggles to surpass the crucial resistance at 2 USD, consolidating around 1.79 USD amidst high volatility.

A token unlock event is slated for March 17, which may affect market behavior. Recent trading volume has decreased by 40%, indicating reduced bullish sentiment.

Analysts suggest that breaking above 1.9948 USD is vital for a potential rally, while failing to do so could see prices drop to 1.5682 USD.