
At around $0.0766 on Wednesday, Pi Network (PI) is little changed following Monday's rebound of roughly 2%. Axis Robotics has officially confirmed receipt of seed funding from Pi Ventures, whose focus is the technical integration of AI and robotics. For PI, the technical picture remains mixed: selling pressure is easing, although a long-term resistance trendline continues to constrain the price.

In a social media post on Wednesday, Axis Robotics confirms its relationship with Pi Ventures, Pi Network’s investment fund. Alongside the $12 million seed investment in 2026, the post outlines a technical integration plan for jointly scaling physical AI.

Four consecutive bearish weekly closes leave Pi Network retaining a bearish bias as it trades at $0.0766 at the time of writing on Wednesday. Both the 50-day and 200-day Exponential Moving Averages (EMAs), at $0.0838 and $0.1165 respectively, remain well above the PI token's price.
The wider downtrend also retains its grip. Around $0.0803, the descending trendline linking the highs of 20 June and 22 August has checked several rebounds, providing nearby resistance. A renewed bullish recovery requires PI to clear the overhead resistance cluster formed by that trendline near $0.0803 and the 50-day EMA at $0.0838. Doing so would open a route towards the psychological level of $0.1000.
On the daily chart, a Relative Strength Index (RSI) reading near 37 points to persistent weakness in momentum. Although the Moving Average Convergence Divergence (MACD) line sits slightly above its signal line, this indicates tentative stabilisation rather than a reversal of the trend.
The swing low at $0.0704 provides the only nearby structural support on the downside. A breach would pave the way for another leg lower within the prevailing downtrend.
(The technical analysis of this story was written with the help of an AI tool. Know more.)