Pi Network (PI) is currently trading at $0.240125, reflecting a slight decrease of 0.49811% over the past 24 hours. The price has fluctuated within a daily range of $0.006107, with a high of $0.243774 and a low of $0.237667, indicating moderate volatility.

Trading volume stands at 23,790,041, representing a volume-to-market cap ratio of 1.19%. The hourly moving averages show a bearish trend in the short term, with the 8 SMA at $0.2421 down 0.82% and the 13 SMA at $0.2415 down 0.58%, while longer-term averages like the 55 SMA and 144 SMA are showing slight bullish movements.

The Relative Strength Index (RSI) indicates a neutral position, with the 1-hour RSI at 54 and the 7-day RSI at 53. Price performance over the last week has seen an increase of 6.14%, while the 14-day and 30-day changes are positive at 5.84% and 16.15%, respectively, indicating a broader upward trend despite the recent daily decline.

Despite the current minor pullback, the overall trend indicates a positive momentum from a longer-term perspective. The all-time high of $2.99 set in February 2025 shows significant potential upside, but current prices reflect a considerable distance from that peak.

Considering the technical indicators, recent price movements, and volume activity, the recommendation for Pi Network (PI) is to Hold. This rating is based on the short-term bearish signals combined with a generally positive long-term outlook.