🚨 PI Network Signals Bullish Breakout — Adam & Eve Pattern in Play! 🚀
The price chart for PI is flashing a familiar bullish signal — the "Adam and Eve" formation — hinting at a potential rally on the horizon.
🟢 PI has extended Thursday’s 4.64% gain with another 1% bump on Friday, pushing toward the 50 EMA at $0.3699 on the 4-hour chart. A strong hold here could ignite bullish momentum. However, a pullback to $0.3334, the weekly support zone, remains possible if resistance holds.
In parallel, OpenMind, a US-based AI robotics company, just secured a $20 million funding round led by Pantera Capital, with Pi Network listed as an investor. This move sparked renewed optimism among Pioneers, especially following Pi2Day’s earlier $100M commitment in June.
Yet, not everything is smooth sailing.
A new Pi Network circular urged community volunteers to actively debunk misinformation online — without compensation. This sparked concern and debate among users.
Pioneer Jatin Gupta voiced frustration:
> “It’s the team’s job to handle PR and correct false narratives, not volunteers.”
Concerns over lack of marketing transparency and media communication are growing — even as Santiment data shows Pi's social dominance rising from 0.18% to 0.23%, suggesting renewed interest.
Still, overall sentiment remains slightly negative at -0.441 as of Thursday.
Will the Adam and Eve breakout push PI higher — or is a retest of key support levels next?
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