Pi Network‘s PI token traded near $0.0766 on October 28, 2026, as traders assessed a reported investment in robotics startup Axis Robotics alongside a persistent technical downtrend. The token had rebounded about 2% on Monday but remained below key moving averages after four consecutive weekly declines. The reported $12 million seed funding round adds an artificial intelligence (AI) and robotics angle to Pi’s investment strategy, but it has not yet translated into a confirmed price reversal. For traders, resistance near $0.0803 and support at $0.0704 remain important levels to monitor.
Pi Ventures Backs Robotics Innovation
Axis Robotics confirmed its connection with Pi Network Ventures in a social media post on October 28. Reports say Pi Network participated in a $12 million seed funding round in 2026, alongside other investors. Funding databases identify Hack VC as the round’s lead investor.
Axis Robotics operates in the physical AI sector, which focuses on applying artificial intelligence to machines that interact with the real world. Such technology can support robotics systems that collect data, learn from environments and improve automated tasks.
Pi Network Ventures launched in May 2025 with a stated investment commitment of $100 million, held in Pi and U.S. dollars. Its stated objective is to support businesses that increase the practical utility of the Pi ecosystem. Its previously announced investment in OpenMind, a developer of robotics software and infrastructure, also reflects this broader focus.
The Axis Robotics report may strengthen the narrative that Pi’s investment strategy extends beyond cryptocurrency applications. However, venture funding does not automatically create demand for PI tokens or guarantee higher market prices.
PI Price Faces Key Resistance Levels
PI’s technical structure remains weak despite signs of short-term stabilization. At approximately $0.0766, the token traded below its 50-day exponential moving average (EMA) of $0.0838 and its 200-day EMA of $0.1165. These averages track recent prices and can help traders identify the prevailing trend.
A descending trendline connecting the June 20 and August 22 highs stood near $0.0803, limiting previous recovery attempts. A sustained move above that level and the 50-day EMA could improve the outlook and bring the psychologically important $0.1000 level into view.
Three price levels stand out:
- $0.0803: Trendline resistance.
- $0.0838: 50-day EMA and a further recovery hurdle.
- $0.0704: Recent swing-low support.
Momentum Signals Remain Mixed
Momentum indicators suggest selling pressure may be easing, but a confirmed reversal remains uncertain. The Relative Strength Index (RSI), which measures the speed and strength of recent price changes, stood near 37. Readings below 50 generally indicate weak momentum, while levels below 30 are commonly considered oversold.

Meanwhile, the Moving Average Convergence Divergence (MACD) line remained marginally above its signal line. This crossover can indicate improving momentum, but its significance is limited while PI trades below major resistance.
If PI breaks below $0.0704, the prevailing downtrend could extend. Conversely, a sustained move above $0.0838 would provide stronger evidence of recovery.
Conclusion
Pi Network’s reported Axis Robotics investment expands its AI and robotics narrative, but price action remains the clearest measure of market sentiment. Until PI clears resistance, downside risks remain material. Traders should monitor confirmed breakouts, support levels and broader cryptocurrency conditions rather than treating investment headlines as a guarantee of gains.
Sources & Methodology
Primary-source standard: Market-moving facts should link to original data releases, regulator notices, company filings or official project announcements whenever available. Secondary reporting is used for additional context, not as a substitute for original evidence.
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