Pi Network (PI) is currently priced at $0.23992, reflecting a modest increase of 1.45% over the last 24 hours. The daily trading range has remained tight, with a high of $0.240758 and a low of $0.235271, indicating stable market conditions.

The trading volume stands at 22,935,778, equating to a volume-to-market cap ratio of 1.15%, suggesting moderate liquidity. Short-term moving averages show bullish momentum, with the 8 SMA at $0.2374 and the 13 SMA at $0.2376, both indicating upward trends of over 1%.

The Relative Strength Index (RSI) metrics suggest a balanced market; the 1-hour RSI is at 58, while the 7-day RSI is slightly lower at 52, indicating no immediate overbought or oversold conditions. Furthermore, the 30-day price change of 12.66% supports the notion of a positive medium-term trend for PI.

Historically, the all-time high of $2.99 reached in February 2025 remains a significant reference point, suggesting substantial upside potential from the current price level. The combination of recent price stability and positive momentum indicators suggests that Pi Network is currently in a favorable position for potential buyers.

Given the current market conditions, including positive short-term trends and moderate volume, a Buy rating is warranted. The potential for growth relative to its all-time high, alongside stable technical indicators, presents an attractive entry point for investors.