Pi Network (PI) is currently priced at $0.194223, reflecting a 2.44% increase over the past 24 hours. The daily trading range has been between $0.187652 and $0.196907, indicating a relatively stable price with moderate volatility.

The volume of $19,050,512 represents a volume-to-market cap ratio of 1.17%, suggesting limited liquidity in the current market environment. However, the presence of moving averages shows a mixed sentiment, with the 8 SMA and 13 SMA indicating bullish momentum, while the 55 SMA and 144 SMA reflect bearish trends.

The 1-hour RSI is at 75, which signals that the asset is overbought in the short term, while the 7-day RSI at 39 indicates it is approaching oversold territory over a longer timeframe. Additionally, the 7-day and 14-day price changes are negative, showing a decline of approximately 5.64% and 8.49% respectively, which could suggest ongoing bearish sentiment.

Despite the recent uptick, the price remains significantly below its all-time high of $2.99, achieved on February 26, 2025. The historical performance indicates that the price has faced consistent downward pressure over the past month, with a 30-day price change of -5.66%.

In conclusion, while the short-term momentum appears positive, the overall trend suggests caution due to bearish indicators in longer timeframes. Given the current technical and fundamental data, the rating for Pi Network (PI) is a Hold; investors should monitor for further confirmation of bullish momentum before considering a buy.