Pi Network (PI) is currently trading at $0.176065, reflecting a 1.89% increase over the past 24 hours. The daily range has been relatively narrow, with a high of $0.178245 and a low of $0.17121, indicating mild volatility.

The trading volume over the last 24 hours stands at approximately 18.2 million, contributing to a volume-to-market cap ratio of 1.14%. The moving averages show mixed signals; while the 8 and 13 SMA indicate upward momentum, the 55 and 144 SMAs suggest a bearish trend over longer periods.

The 1-hour RSI is at 55, indicating that the asset is neither overbought nor oversold, suggesting stable momentum. In contrast, the 7-day RSI at 49 indicates that PI is nearing a neutral position, but the price change over the past week has been relatively positive at 13.96%, while the 30-day change shows a slight decline of 3.82%.

Given the historical context, the all-time high of $2.99, reached in February 2025, indicates significant potential for future growth if market conditions improve. The current price, significantly below the all-time high, suggests that the asset may have room to appreciate, assuming favorable market sentiment.

Considering the technical indicators and the current price trends, the outlook for Pi Network appears cautiously optimistic in the short term. However, longer-term indicators are mixed, indicating potential resistance levels around the 55 SMA and 144 SMA.

Overall, I assign a Hold rating to Pi Network (PI). The asset shows short-term potential for gains, but the mixed signals in the longer-term moving averages and the recent price trend warrant caution before making new investments.