Pi Network (PI) is currently priced at $0.20554, with a 24-hour change of +0.56598%. The daily trading range has been narrow, with a high of $0.205801 and a low of $0.203708, indicating relatively stable short-term price action.

The volume over the last 24 hours stands at 7,373,683, contributing to a volume-to-market cap ratio of 0.43%. Short-term moving averages are bullish, with the 8 SMA at $0.2050 showing a +0.29% change, suggesting momentum may be building, while longer-term SMAs indicate a more neutral trend.

The 1-hour RSI is currently at 68, nearing overbought territory, which could suggest a potential pullback in the very short term. In contrast, the 7-day RSI sits at 50, indicating that the asset is currently in a neutral position over a longer time frame, despite recent downward trends in the 7-day and 14-day price changes of -0.80% and -1.14%, respectively.

Over the last month, PI has seen a significant drop of -26.52%, reflecting broader market volatility or specific adverse developments within the Pi Network ecosystem. The all-time high of $2.99 reached on February 26, 2025, remains a distant target, and the current price indicates a substantial devaluation from that peak.

Given the combination of short-term bullish indicators and longer-term bearish trends, the recommendation is to Hold. This stance allows for observation of market conditions while avoiding potential losses from a corrective pullback, particularly with the 1-hour RSI indicating an overbought situation.