Pi Network (PI) is under severe market pressure as its price slides below the critical level of 1 dollar. Driving this decline, cryptocurrency analyst Justin Bons has labeled the project as a "potential scam," raising concerns and further eroding investor confidence. Despite a slight technical recovery, the overall sentiment remains pessimistic, and indicators suggest that there may be more volatility ahead. BBTrend Signals Strong Fall Trend The Bollinger Band Trend indicator (BBTrend) has fallen sharply to an all-time low of -40.69, signaling a deeper downtrend for Pi Network. A BBTrend value below 0 typically indicates a continuous downtrend, and in this case, it has remained negative for the past five consecutive days. This continuous negative pressure indicates a persistent lack of buying demand, making short-term recovery less likely. If the current trajectory remains unchanged, the PI token may face further declines in the coming days.