PI holds $0.16 as 778K tokens leave exchanges: rebound brewing?

PI price rose slightly on Tuesday, with buyers testing resistance above $0.16.
Holder balances on centralized exchanges have reduced by over 700,000 PI tokens over the last 24 hours.
The technical outlook for PI is mixed amid overall bearish sentiment.Pi Network’s token is showing some resilience amid broader crypto market weakness, with price retesting resistance above $0.16 despite key losses for Bitcoin and major altcoins.
The PI token traded to its intraday highs on a slight uptick in