Pi Network (PI) is currently priced at $0.136663, reflecting a 2.64% increase over the past 24 hours. The daily trading range has been narrow, fluctuating between a low of $0.131244 and a high of $0.136181, indicating moderate volatility.

The volume of 12,508,578 suggests a reasonable level of trading activity, with a volume-to-market cap ratio of 1.02%. Short-term moving averages are bullish, with the 8, 13, and 21 SMAs showing positive changes, while the 55 SMA remains slightly positive, and the 144 SMA is negative, indicating potential resistance at higher levels.

The 1-hour RSI is at 74, suggesting that the asset is overbought in the short term, which may lead to a pullback. Conversely, the 7-day RSI at 46 indicates that the asset is nearing neutral territory, which could suggest a potential for recovery if buying momentum continues.

Over the past week, PI has experienced a decline of approximately 12.58%, and over the last 14 days, the price has dropped by about 17.55%. The 30-day price change of -33.75% reflects a broader downtrend, highlighting ongoing challenges for the asset's price stability.

Despite the recent upward movement, the current price remains significantly below its all-time high of $2.99 set in February 2025. This suggests substantial room for growth, but also emphasizes the volatility and risks associated with the asset's long-term performance.

Given the mixed technical indicators, with bullish short-term signals and bearish longer-term trends, a cautious approach is warranted. Therefore, the recommendation for Pi Network (PI) is to Hold, allowing for potential price stabilization and monitoring for clearer bullish signals before considering further investments.