
$0.0766 is Pi Network's (PI) trading level on Wednesday. The token is holding steady following Monday's roughly 2% recovery. Axis Robotics has officially confirmed receipt of seed funding from Pi Ventures, which focuses on integrating AI and robotics technologies. PI's technical picture remains mixed: selling pressure is easing, but a long-term resistance trendline still caps the price.

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

Four consecutive lower weekly closes leave Pi Network on a bearish footing, with the token trading at $0.0766 at press time on Wednesday. PI remains well below its 50-day and 200-day Exponential Moving Averages (EMAs), which stand at $0.0838 and $0.1165, respectively.
The broader decline also remains intact. Linking the highs of June 20 and August 22, the descending trendline around $0.0803 has repeatedly blocked rebounds and provided nearby resistance. To restore a bullish recovery, PI needs to clear the overhead resistance cluster formed by that trendline near $0.0803 and the 50-day EMA at $0.0838. A break above would open a route towards the psychological $0.1000 level.
Daily momentum continues to look weak. A Relative Strength Index (RSI) reading near 37 points to persistent weakness, while the Moving Average Convergence Divergence (MACD) line sits only slightly above its signal line. This suggests tentative stabilisation rather than a reversal of the trend.
Below the current price, the swing low at $0.0704 provides the only nearby structural support. A breach would leave room for another leg down within the prevailing downtrend.
(The technical analysis of this story was written with the help of an AI tool. Know more.)