Pi Network (PI) is currently trading at $0.147301, showing a 3.94% increase over the past 24 hours. The price has fluctuated between a daily high of $0.153295 and a low of $0.141432, indicating a relatively narrow range of $0.011863.

Trading volume over the last 24 hours stands at approximately 21.2 million, contributing to a volume-to-market cap ratio of 1.62%. The hourly moving averages show mixed signals, with the 8 SMA at $0.1507 indicating a slight decline of 2.24%, while the 21 SMA at $0.1464 is up by 0.65%, suggesting a potential for short-term stability.

The 1-hour RSI is currently at 58, indicating that the asset is approaching overbought territory, which could signal a pullback soon. In contrast, the 7-day RSI at 46 suggests that the asset is nearing the oversold zone, indicating potential upward momentum in the medium term.

Over the past week, Pi Network has experienced a price decline of 15.36%, and the 14-day change is even more pronounced at -19.50%. The 30-day price change of -29.34% suggests a longer-term bearish trend that may impact investor sentiment moving forward.

Historically, Pi Network reached an all-time high of $2.99 in February 2025, indicating substantial potential for future price appreciation. However, the current price remains significantly below this level, suggesting a considerable risk-reward scenario.

Given the mixed technical indicators, the recent price increase, and the proximity of the 1-hour RSI to overbought conditions, a cautious approach is warranted. The current market conditions suggest a Hold rating, as further confirmation of upward momentum or a break above key resistance levels is necessary before committing to a Buy.