- Pi Network holds above key support near $0.18 as retail interest rises after Dr. Chengdiao Fan’s Consensus 2026 appearance.
- Technical indicators still show downside risk unless PI breaks above major resistance levels.
Pi Network is showing signs of stability above a key support zone, even as bearish pressure continues to limit upside. PI coin has remained above the $0.1800 level, while growing retail attention has followed a major appearance by co-founder Dr. Chengdiao Fan at Consensus 2026.
Although social interest around the project has increased, technical indicators still suggest that Pi Network could face downside pressure if buyers fail to push the price above nearby resistance levels.
Dr. Chengdiao Fan’s Consensus 2026 Talk Sparks Retail Interest
During Consensus 2026, Pi Network co-founder Dr. Chengdiao Fan spoke about the relationship between Web3, blockchain, and artificial intelligence. Her presentation focused on utility-driven blockchain applications backed by real user participation and identity verification.
Fan also highlighted the importance of Know Your Customer (KYC) systems and large-scale human participation in building practical AI-powered products. The appearance quickly attracted attention across the crypto community.
Pi Founder Chengdiao Fan spoke today at Consensus 2026 Miami in her session, “Aligning Web3, AI, and Blockchain for Utility.”
Dr. Fan shared how Pi’s blockchain infrastructure, identity verification, and a globally engaged network can support utility-driven products and… pic.twitter.com/gTXFKzUvzb
— Pi Network (@PiCoreTeam) May 6, 2026
Data from Santiment showed PI token social dominance rising from 0.022% to 0.031% within a day. The increase reflected stronger retail discussion surrounding Pi Network after Fan’s appearance at the event.
Pi Network Price Remains Trapped Inside Triangle Pattern
Despite the rise in social activity, Pi Network’s price structure still shows uncertainty. The coin continues trading inside a tightening triangle formation, often seen before a breakout or breakdown.
PI currently trades slightly above its 50-day EMA, which sits near $0.1787. Buyers have continued defending this level, preventing a deeper drop in recent sessions.
However, the coin remains below the 100-day EMA near $0.1849 and the 200-day EMA around $0.2387. These levels continue acting as strong resistance zones for the market.RSI remains close to neutral at 51, showing that neither buyers nor sellers fully control the trend.
At the same time, the MACD indicator is beginning to weaken. A bearish crossover could increase selling pressure in the short term.
Key Price Levels Traders Are Watching
Pi Network now faces an important test as the triangle pattern narrows. A breakout above the descending resistance near $0.1881 could improve bullish sentiment and push the token toward the psychological $0.2000 level. If buying pressure becomes stronger, traders could eventually target the 200-day EMA around $0.2387.
On the downside, immediate support remains at the 50-day EMA near $0.1787. Below that, the ascending trendline support around $0.1748 becomes the next major level to watch.
A break beneath both support zones could expose PI to a larger correction within its broader bearish structure.
Retail Attention Alone May Not Be Enough
Pi Network continues to attract retail interest, especially following the growing visibility of its leadership team at Consensus 2026. However, market sentiment alone may not be enough to reverse the coin’s broader technical weakness.
For now, traders are watching whether PI can break above resistance or lose its current support structure. The next few sessions could decide whether Pi Network begins a recovery phase or faces another wave of downside pressure.
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