`pct resize` currently only allows increasing the size, but depending on the storage you should be able to do this manually the way you'd expect on a linux system.
Eg. if it's a directory based storage you have a .raw file with an ext4 filesystem on it, there you can use resize2fs to shrink it, then run use the truncate command to shrink the file itself.
However, be careful when you do it, if you truncate the file to a size smaller than you resized it to with resize2fs you'll be in trouble.