Pi Network (PI) is currently trading at $0.145119, reflecting a 7.87% increase over the past 24 hours. The price range during this period was between $0.133311 and $0.145101, indicating a notable volatility with a daily range of approximately 0.01179%.

The trading volume stands at 15,801,640, which corresponds to a volume-to-market cap ratio of 1.21%, suggesting that trading activity is relatively modest in comparison to its market capitalization. The hourly moving averages indicate positive short-term momentum, with the 8 SMA at $0.1361 showing a gain of 6.63%, while the longer-term 144 SMA at $0.1397 has increased by 3.87%.

The 1-hour RSI is at a high level of 82, indicating that the asset is currently overbought in the short term. In contrast, the 7-day RSI at 51 shows a neutral position, suggesting a more balanced market sentiment over the past week.

From a trend perspective, PI has experienced a price increase of 2.37% over the last week, but this is overshadowed by a significant decline of 12.09% over the past 14 days and a steep drop of 30.66% in the last 30 days. The historical all-time high of $2.99 remains far from the current trading price, indicating a long way to recovery.

Given the recent upward movement and the positive short-term indicators, there may be potential for further gains. However, the high RSI suggests caution, as a correction could be imminent if buying pressure diminishes.

Overall, the analysis presents a mixed outlook for Pi Network. The current momentum could provide short-term trading opportunities, but the longer-term trends are concerning. Therefore, the recommendation is to Hold at this stage, monitoring for signs of a more sustained uptrend or the potential for a pullback.