PI dips below $0.090 as bearish momentum builds despite rising OI

PI trades near $0.0865 on Monday, extending its decline for a fifth consecutive day. Futures open interest rises to $10.15 million from $9.78 million, indicating increased outstanding exposure. Support sits at $0.0827 and $0.0801, with initial recovery resistance at $0.0911. Pi Network extends losses despite broader market optimism.