Key Takeaways
- • Axis Robotics officially confirmed it has received seed investment from Pi Ventures, the investment fund of Pi Network's Core Team, totaling $12 million in 2026, according to a social media post cited by FXStreet.
- • The investment is paired with a technical integration plan to scale physical AI, linking Pi Ventures to AI and robotics development.
- • PI traded at $0.0766 on Wednesday, extending a bearish trend after four consecutive bearish weekly closes and remaining well below its 50-day EMA ($0.0838) and 200-day EMA ($0.1165).
- • Key resistance sits near the descending trendline around $0.0803 and the 50-day EMA at $0.0838; a break below the $0.0704 swing low would open the path to further declines.
- • RSI near 37 signals lingering weakness, while the MACD holding slightly above its signal line suggests only tentative stabilization rather than a confirmed reversal.
Summary
Axis Robotics has confirmed receiving seed investment from Pi Ventures, the investment arm associated with the Pi Network Core Team, according to a social media post published Wednesday and reported by FXStreet. The post cites a $12 million seed investment made in 2026 and a planned technical integration aimed at scaling physical AI, a focus on combining artificial intelligence with robotics.
The announcement came as the Pi Network (PI) token traded at $0.0766 at press time on Wednesday, holding steady after a roughly 2% rebound on Monday. The token has nonetheless extended a bearish stance, recording four consecutive bearish weekly closes. PI trades well beneath both its 50-day and 200-day exponential moving averages, at $0.0838 and $0.1165 respectively.
FXStreet's technical analysis describes the broader downtrend as intact. A descending trendline connecting the June 20 and August 22 highs, currently near $0.0803, has capped multiple rebounds. According to the analysis, PI must reclaim the trendline near $0.0803 and the 50-day EMA at $0.0838 to restore a bullish recovery, with the $0.1000 psychological level as the next upside target.
Momentum indicators remain soft. The daily Relative Strength Index sits near 37, pointing to lingering weakness, while the MACD line holds marginally above its signal line, which the analysis characterizes as tentative stabilization rather than a trend reversal. The only nearby structural support cited is the swing low at $0.0704, and a break below that level would open the door to a fresh leg lower.
The technical portion of the article was produced with the help of an AI tool, according to the publisher.
The announcement came as the Pi Network (PI) token traded at $0.0766 at press time on Wednesday, holding steady after a roughly 2% rebound on Monday. The token has nonetheless extended a bearish stance, recording four consecutive bearish weekly closes. PI trades well beneath both its 50-day and 200-day exponential moving averages, at $0.0838 and $0.1165 respectively.
FXStreet's technical analysis describes the broader downtrend as intact. A descending trendline connecting the June 20 and August 22 highs, currently near $0.0803, has capped multiple rebounds. According to the analysis, PI must reclaim the trendline near $0.0803 and the 50-day EMA at $0.0838 to restore a bullish recovery, with the $0.1000 psychological level as the next upside target.
Momentum indicators remain soft. The daily Relative Strength Index sits near 37, pointing to lingering weakness, while the MACD line holds marginally above its signal line, which the analysis characterizes as tentative stabilization rather than a trend reversal. The only nearby structural support cited is the swing low at $0.0704, and a break below that level would open the door to a fresh leg lower.
The technical portion of the article was produced with the help of an AI tool, according to the publisher.
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