PI NETWORK FLASHES BULLISH DÉJÀ VU — ADAM & EVE PATTERN IN PLAY?
Pi Network (PI) is showing signs of a potential bullish breakout as an Adam and Eve bottom pattern emerges on the 4-hour chart. After extending Thursday’s 4.64% gain, PI is up another ~1% — now testing the 50 EMA at $0.3699.
Investor confidence spiked following Pi Network’s investment in OpenMind, a U.S.-based AI robotics firm that recently secured $20M from Pantera Capital. The project aims to build a global network of AI-powered androids.
However, Pi’s community sentiment remains mixed. A recent circular calling on unpaid volunteers to counter public disinformation has sparked concerns. Many Pioneers believe it's the core team’s responsibility to manage PR and transparency.
Still, social dominance for PI rose to 0.23%, up from a weekly low of 0.18%, showing growing conversation around the project despite negative sentiment readings (-0.441 as of Thursday).
Key levels to watch:
🔹 Resistance: $0.3700 (50 EMA)
🔹 Support: $0.3334 (Adam & Eve base)
A confirmed breakout above $0.3700 could ignite a fresh rally, while a rejection may drag price back toward the recent lows.