🚀 PI Network Shows Bullish Signs — Is a Rally on the Horizon?
📈 Pattern Watch: PI’s price action is shaping an Adam & Eve reversal pattern — a classic bullish signal. Currently hovering near the 50 EMA at $0.3699, the token is consolidating above its key support of $0.3334. A breakout above $0.3700 could ignite the next leg up, while failure may send it back to retest support.
🤖 Big Move: Recently, Pi Network invested in OpenMind — a $20M AI robotics startup backed by Pantera Capital — aiming to advance AI-driven android coordination. This follows PI’s earlier $100M Pi2Day commitment. Exact investment details remain undisclosed.
💬 Community Pulse: Optimism is up, but so is frustration. Some pioneers, like Jatin Gupta, criticized the project for asking volunteers to combat misinformation without rewards, urging the Pi Core Team to handle official communications directly.
📊 Market Sentiment:
Social dominance: 0.18% ➡ 0.23% (weekly rise)
Sentiment score: -0.28 ➡ -0.441 (bearish tone deepening)
🔍 Key Levels to Watch:
Bullish Trigger: $0.3700 break
Support: $0.3334 retest if momentum fails
⚡ Will the Adam & Eve pattern deliver a breakout, or will sentiment weigh PI down?