PI is down 17% in the last 24 hours, falling below the $1 mark despite the Pi Foundation’s announcement of a $100 million startup fund. The newly launched Pi Network Ventures aims to boost real-world adoption by investing in companies integrating PI into AI and fintech sectors.
While the initiative has sparked ecosystem excitement, technical indicators are flashing warning signs. Momentum is weakening across several signals, suggesting that profit-taking and broader corrections may already be underway.
Pi Network Launches $100 Million Fund as Momentum Shows Signs of Slowing
After building some hype, the Pi Foundation has launched Pi Network Ventures, a $100 million startup fund to accelerate real-world adoption of the PI token.
Funded through 10% of the PI supply, the initiative will invest in early to Series B companies that integrate PI into sectors like AI, fintech, ecommerce, and consumer apps.
Most investments will be made in PI tokens rather than fiat, aligning with the project’s long-term ecosystem goals. After months of decline, PI has recently rebounded, gaining 85% in the past two weeks amid renewed investor interest and Binance listing rumors.
PI DMI. Source: TradingView.
Despite the price surge, Pi’s technical indicators suggest the rally may be losing strength. The DMI chart shows its ADX has dropped from 72 to 35.46 in two days, signaling a sharp weakening in trend strength.
ADX values above 25 indicate a strong trend, while drops below 20 often point to trend exhaustion. Meanwhile, the +DI (bullish pressure) has plunged from 61 to 23.99, and the -DI (bearish pressure) has climbed from 1.2 to 25.
This crossover suggests that bearish momentum is overtaking bullish strength, and unless buying pressure returns, PI could enter a consolidation or correction phase.
Chaikin Money Flow Drop Flags Potential Profit-Taking in PI
Pi Network Chaikin Money Flow (CMF) has dropped significantly, falling from 0.24 to -0.05 in just two days. This shift suggests that buying pressure has quickly faded, and distribution may be starting to take over.
The CMF is a volume-weighted indicator that measures the flow of money into and out of an asset. Positive values signal accumulation (buying pressure), while negative values suggest distribution (selling pressure).
PI CMF. Source: TradingView.
A reading of -0.05 is not deeply bearish. Still, the drop from strong positive territory could indicate weakening investor confidence, especially following the hype before the announcement of the $100 million Pi Network Ventures fund.
If CMF continues to fall, it could hint at a short-term price correction as traders take profits after the recent rally.
PI Falls Below $1 as EMA Signals Turn Bearish
PI price has dropped 17% in the last 24 hours, falling back below the $1 mark and erasing much of its recent gains.
The current price action is aligned with weakening technicals, as the EMA lines are tightening and hinting at possible death crosses—signals often associated with further downside.
PI Price Analysis. Source: TradingView.
If the correction continues, PI could test support at $0.90, and a break below that level might open the path to $0.78 or even $0.636.
Still, a reversal is not off the table. If bulls regain control, PI could bounce back to test resistance at $1.23. A clean move above that could pave the way for further upside toward $1.67 and $1.798.