Pi Network (PI) is currently trading at $0.168191, reflecting a marginal 24-hour change of -0.00689%. The daily trading range has been confined between a high of $0.171192 and a low of $0.164653, indicating low volatility with a daily range percentage of just 0.006539%.

The trading volume stands at 13,168,571, corresponding to 0.84% of the market cap, suggesting a relatively low interest level compared to other cryptocurrencies. In terms of moving averages, the 8-period SMA is at $0.1680 with a slight positive trend of +0.12%, while longer-term SMAs indicate a mixed sentiment with the 21 SMA at $0.1689 showing a -0.42% change.

The 1-hour Relative Strength Index (RSI) is at 41, suggesting a near-neutral position but leaning towards oversold conditions. Conversely, the 7-day RSI at 46 indicates that the asset is nearing oversold territory, which could suggest potential for short-term recovery.

Over the last 7 days, PI has experienced a price decrease of approximately -3.16%, but it has shown a more favorable performance over the last 14 days with a price change of +24.70%. The 30-day price change of -3.84% further highlights recent fluctuations and the challenge of sustaining upward momentum.

The all-time high for PI was recorded at $2.99 in February 2025, indicating significant room for growth from the current levels. However, given the current price action and the mixed signals from technical indicators, caution is warranted.

Based on this analysis, a Hold rating is recommended at this time. The short-term indicators are showing weakness, while the longer-term outlook remains somewhat optimistic given the past performance.