The Pi Network (PI) market is once again capturing the attention of traders and enthusiasts after showing a technical pattern known as 'Adam and Eve' on the 4-hour chart, a formation that has historically anticipated bullish turns. At the same time, the project has surprised with a strategic move outside the crypto realm: an investment in the robotics and artificial intelligence sector.
In the last 48 hours, PI has extended its gain of 4.64% recorded on Thursday, maintaining an advance close to 1% on Friday and positioning itself above the 50-period Exponential Moving Average (EMA) at $0.3699. This technical resistance has acted as a key point in the sentiment of recovery. The weekly Adam and Eve pattern, formed since early July, reinforces the expectation of a possible short-term rally if the price manages to consolidate above $0.3700.
Bet on Artificial Intelligence
The bullish momentum is accompanied by a business move that has sparked conversation: Pi Network has invested in OpenMind, an American AI robotics firm that recently raised $20 million from Pantera Capital. The stated goal is to create a global network that optimizes the communication and coordination of AI-driven androids.
This investment adds to the promise of $100 million announced on June 28 during Pi2Day, although in this case, the company has not revealed the exact amount invested in OpenMind.
Tension in the Community
Not all news is good for Pi Network pioneers. A recent official statement requesting community members to combat 'misinformation' in forums and networks—without offering any reward—has sparked debate. Some leaders, such as Jatin Gupta, have criticized the lack of management in communication and marketing, suggesting that this responsibility should fall directly on the project team.
According to data from Santiment, the social dominance score of Pi Network has risen from 0.18% to 0.23% since Wednesday, although the overall weighted sentiment remains negative, falling from -0.28 to -0.441 in one day.
Price Outlook
If PI breaks strongly above the $0.3700 level, technical analysts estimate that it could initiate a rally that confirms the Adam and Eve figure, with a bullish projection in the short term. However, a rejection in this area could lead the price back toward the weekly low of $0.3334.
In this scenario, the combination of positive technical signals and strategic bets in innovative sectors could become the catalyst that Pi Network needs to regain traction in both price and media relevance.