Pi Network (PI) is currently trading at $0.241287, experiencing a 24-hour decline of 2.70%. The asset has shown a daily range of $0.022206, oscillating between a high of $0.247987 and a low of $0.225781, indicating some volatility in the short term.

Trading volume stands at 61,354,174, with a volume-to-market cap ratio of 3.05%, suggesting moderate trading activity relative to its market capitalization. The short-term moving averages show a generally positive trend, with the 8 SMA at $0.2326 (+3.71%) and the 13 SMA at $0.2323 (+3.87%), indicating bullish momentum in the immediate term.

The 1-hour RSI is at 68, approaching overbought territory, while the 7-day RSI of 54 indicates neutral sentiment in the market. Despite the recent price drop, the asset has shown a solid performance over longer periods, with a 7-day price change of 11.11%, a 14-day increase of 7.02%, and a 30-day rise of 21.19%.

The all-time high for Pi Network is $2.99, reached on February 26, 2025, suggesting significant upside potential relative to the current price. Given the mixed signals from RSI indicators and the recent price decline, it is crucial to consider both short-term fluctuations and longer-term trends.

Based on the analysis, the recommendation for Pi Network (PI) is to Hold. The current price provides a potential entry point for future gains, but traders should be cautious due to short-term volatility and the proximity of the 1-hour RSI to overbought levels.