{"content":"PI Price Stabilizes 🔒 – Declining Exchange Reserves Hint at Bullish Pressure Pi Network gains roughly 3% after three days of losses. Pi Network co-founder Nicholas Kokkalis launches AI-enabled KYC. CEX wallet balances showed a net outflow of approximately 2 million PI tokens, indicating increased demand at lower rates. After three days of losses and a record low of $0.1842, Pi Network (PI) rose roughly 3% at press time on Wednesday. Net withdrawals from CEXs and PI reserves and the launch of AI-enabled KYC coincide with the intraday rebound. The technical forecast shows negative risk as long as bearish momentum persists. New Pi Network AI function drives demand as CEX reserves shrink. Tuesday's X post by Pi Network co-founder Nicholas Kokkalis disclosed AI-enabled KYC verification. Pioneers, Pi network users, may now activate the mainnet wallet before 30 mining sessions. This KYC verification unlocks Pioneers' mainnet wallet, not the mainnet PI token migration. PiScan data indicates PI demand rising with the new functionality and lower costs. After FXStreet reported a near 8 million net outflow on Tuesday, CEX wallet balances show a 1.94 million PI token net outflow over the past 24 hours. This second day of net outflow shows pioneers are accumulating cheaply. Pi Network stabilizes after dramatic decrease, suggesting recovery. After falling 4% the day before, Pi Network trades over $0.2800 at press time on Wednesday. The intraday rebound suggests more gain as PI stabilizes following Monday's 19% plunge. A rebound might test the $0.3220 overhead resistance trendline. PI should retake the 50-day EMA at $0.3655 to resume an uptrend. Still, the daily chart momentum indicators are bearish as the Moving Average Convergence Divergence (MACD) falls below its signal line on Monday. Bearish momentum increases as red histogram bars climb. As selling pressure decreases, the Relative Strength Index (RSI) stays oversold at 29. PI may rebound if RSI returns over the oversold boundary line at 30. #pi #AltcoinStrategicReserves #CryptoIn401k #Write2Earn ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/24/1bbb96ac733a33b7997e23927c389717.png"],"tags":[],"tradingPairs":[],"quotearticleid":0}