Pi Network (PI) is currently priced at $0.201968, experiencing a 24-hour decline of 1.86%. The price has fluctuated between a high of $0.207103 and a low of $0.201557 in the same period, indicating a daily range of 0.005546%.

Trading volume stands at 11,402,124, which represents 0.67% of the market capitalization, reflecting relatively low trading activity. The hourly moving averages show a downward trend, with the 8 SMA at $0.2035, indicating a decline of 0.73%, while the 144 SMA is at $0.2058, down 1.87%.

The 1-hour RSI is at 17, suggesting that PI is significantly oversold in the short term. Conversely, the 7-day RSI is neutral at 50, while the 14-day and 30-day price changes show declines of 7.62% and 15.53%, respectively, indicating bearish momentum over a longer timeframe.

Despite a 3.93% increase in the past week, the overall trend remains negative when examining longer intervals. The all-time high of $2.99 reached in February 2025 demonstrates the potential upside, but current market conditions suggest substantial downward pressure.

Based on the analysis, the current indicators point towards a bearish sentiment in the short to medium term. Therefore, the recommendation is to Hold PI at this time, as the market shows signs of potential stabilization but lacks strong bullish momentum to justify a Buy rating.