Pi Network (PI) is currently trading at $0.143766, showing a slight decline of 0.52% over the last 24 hours. The price has fluctuated between a 24-hour high of $0.153295 and a low of $0.143163, indicating a narrow daily trading range of approximately 0.010132%.

The trading volume stands at 20,997,950, representing 1.64% of the market cap, suggesting moderate trading activity. The short-term moving averages reflect a bearish sentiment, with the 8 SMA at $0.1488 down 3.40% and the 13 SMA at $0.1498 down 4.00%, indicating ongoing selling pressure.

The Relative Strength Index (RSI) for the past hour is at 38, which suggests that PI is approaching oversold territory, while the 7-day RSI at 45 indicates a neutral position. The price has decreased significantly over the past week by 14.88%, and the 14-day and 30-day price changes further emphasize a bearish trend, with declines of 21.08% and 30.81%, respectively.

Given the current market conditions and the technical indicators, the outlook for PI remains bearish, as it trades well below key moving averages and shows no immediate signs of recovery. The significant distance from its all-time high of $2.99 further highlights the downward trajectory and loss of investor confidence.

Considering the persistent downward trend and the lack of bullish signals, the recommendation is to Sell PI at this point. The ongoing price declines and bearish technical indicators suggest that further losses are likely in the near term, making it prudent to exit positions.