Pi Network (PI) is currently priced at $0.185664, reflecting a 24-hour change of 1.08%. The daily range has been relatively tight, with a high of $0.189164 and a low of $0.183042, indicating limited volatility.

Trading volume stands at approximately 15.5 million, representing a market cap ratio of 1.00%. The hourly moving averages show a generally positive trend for shorter periods, with the 8 SMA at $0.1840 (+0.91%), 13 SMA at $0.1846 (+0.56%), and 21 SMA at $0.1844 (+0.71%), while the 144 SMA is showing weakness at $0.1920 (-3.30%).

The RSI metrics suggest bearish momentum, with both the 1-hour and 7-day RSI at 42, indicating potential for further downside. The 7-day price change of -9.11%, along with the 14-day and 30-day declines of -11.46% and -9.05%, respectively, reinforces the bearish sentiment in the market.

Given the historical context, the all-time high of $2.99 reached in February 2025 indicates significant long-term downside from the current price. The combination of declining momentum indicators, relatively low trading volume, and resistance seen at moving averages suggests a cautious outlook.

Based on this analysis, the recommendation for Pi Network (PI) is a Sell rating. The current technical indicators and fundamental analysis point to continued bearish pressure and a lack of immediate bullish catalysts, warranting a move to liquidate positions or refrain from new investments.