#Top Gainers to Watch#  Why PI Coin Failed to Hold $1 Level

PI is down 17% despite Pi Network Ventures launching a $100 million fund to boost real-world token adoption in AI and fintech.
Momentum indicators like DMI and CMF show weakening trends and potential for profit-taking after a strong two-week rally.
The price has broken below $1, with bearish EMA signals. Support at $0.90 is critical to prevent deep corrections to $0.78 or below.
PI has fallen 17% in the last 24 hours, falling below the $1 level despite the Pi Foundation’s announcement of a $100 million venture fund. The newly launched Pi Network Ventures aims to increase real-world adoption by investing in companies that integrate PI into the AI ​​and fintech sectors.
While the initiative is generating excitement in the ecosystem, technical indicators are showing warning signs. Momentum is weakening on many signals, suggesting that profit-taking and broader corrections may already be underway.
Pi Network Launches $100 Million Fund
After generating some excitement, the Pi Foundation has launched Pi Network Ventures, a $100 million venture fund to accelerate real-world adoption of the PI token.
Funded with 10% of the PI supply, the startup will invest in early-stage and Series B companies that integrate PI into sectors such as AI, fintech, e-commerce, and consumer apps.
Most investments will be made in PI tokens rather than fiat, and will align with the project’s long-term ecosystem goals. After months of decline, PI has rebounded, up 85% in the past two weeks amid renewed investor interest and rumors of another exchange listing.
Despite the price increase, Pi’s technical indicators suggest that the rally may be losing steam. The DMI chart shows that ADX has fallen from 72 to 35.46 in two days, indicating a sharp weakening of trend strength.
ADX values ​​above 25 indicate a strong trend, while below 20 usually indicate a trend exhaustion. Meanwhile, +DI (bullish pressure) fell from 61 to 23.99, while -DI (bearish pressure) rose from 1.2 to 25.
This intersection suggests that bearish momentum has surpassed bullish momentum, and PI could enter a price recession or correction phase if buying pressure does not return.
PI Network Coin Increases Profit Taking Signals
Pi Network Chaikin Money Flow (CMF) has dropped significantly, from 0.24 to -0.05 in just two days. This change indicates that buying pressure is rapidly decreasing and distribution may have begun.
CMF is a volume-weighted indicator that measures the flow of money into an asset. Positive values ​​indicate accumulation (buying pressure), while negative values ​​indicate distribution (selling pressure).
A reading of -0.05 is not a deep bearish signal. However, a drop from strong positive territory could indicate weakening investor confidence, especially after the excitement surrounding the $100 million Pi Network Ventures fund announcement.
If CMF continues to fall, it could signal a short-term price correction, in which case traders could be taking profits following the recent rally.
Pi Coin Drops Below $1:
EMA Signals Bearish
PI coin price has fallen 17% in the last 24 hours to drop below $1, erasing most of its gains from recent weeks.
The current price action is consistent with weakening technicals, with EMA lines squeezing and signaling possible death crosses. These signals are usually associated with further declines.
If the correction continues, P coin could test support at $0.90. A break below this level could open the way to $0.78 or even $0.636.
However, a reversal is not out of the question. If the bulls regain control, PI could return to test resistance at $1.23. A clean move above this level could open the way for further gains towards $1.67 and $1.798.