Pi Network (PI) is currently priced at $0.24095, reflecting a 24-hour change of 1.68%. The daily trading range shows low volatility, with a high of $0.242601 and a low of $0.23532, indicating tight price action within a $0.007281 range.

Trading volume stands at 20,765,410, with a volume-to-market cap ratio of 1.03%, suggesting moderate interest from traders. The hourly moving averages show a positive trend, with the 8 SMA at $0.2409 indicating a slight upward movement of 0.01%, while longer SMAs like the 21 SMA and 55 SMA also demonstrate bullish momentum.

The 1-hour RSI is at 63, signaling that PI is approaching overbought territory, which may lead to short-term pullbacks. In contrast, the 7-day RSI at 48 indicates that the asset is nearing neutral territory, suggesting room for upward movement without immediate overextension.

From a broader perspective, PI has shown a solid performance over the last 30 days, with a price increase of 11.44%. This reflects a strengthening sentiment and potential for further growth, particularly as the cryptocurrency market continues to recover from previous downturns.

Despite the positive short-term indicators, the asset remains significantly below its all-time high of $2.99 achieved in February 2025. This disparity highlights both the potential for substantial upside if market conditions improve and the inherent risks associated with investing in a cryptocurrency that has not yet established significant market stability.

Given the current price action, technical indicators, and overall market sentiment, I recommend a Buy rating for Pi Network (PI). The combination of a bullish trend in moving averages, moderate volume, and a recent positive price change supports the potential for continued upward momentum in the short to medium term.