Pi Network (PI) is currently priced at $0.138866, reflecting a 24-hour change of -1.64814%. The daily trading range is narrow at $0.006148, with a high of $0.144042 and a low of $0.137894, indicating limited volatility in the short term.

Volume stands at 12,441,787, representing 1.00% of the market cap, which suggests moderate trading activity. The hourly moving averages show a bearish trend, with the 8 SMA at $0.1388 indicating a slight uptick of +0.04%, while longer-term averages such as the 144 SMA at $0.1469 reflect a more significant downward trend of -5.44%.

The Relative Strength Index (RSI) metrics indicate bearish momentum, with the 1-hour RSI at 36, nearing the oversold territory. Additionally, the 7-day RSI at 43, coupled with a significant price decline of -33.51% over the last 30 days, reinforces the prevailing bearish sentiment.

Comparatively, the asset remains far from its all-time high of $2.99, achieved on February 26, 2025. The consistent downward price movements over the 7-day, 14-day, and 30-day periods, which show losses of -14.30%, -19.18%, and -33.51% respectively, further indicate a declining interest and potential selling pressure in the market.

Based on the current technical indicators and price action, a Hold rating is warranted. The asset shows bearish characteristics with declining moving averages and RSI values, suggesting that immediate buying may not be advantageous; however, the current price may present a possible accumulation opportunity for long-term investors if a reversal occurs.