Pi Network (PI) is currently trading at $0.18406, reflecting a slight 24-hour increase of 0.56%. The price has experienced a daily range of $0.007823, with a high of $0.189164 and a low of $0.181341, indicating relatively low volatility.

The trading volume stands at 15,181,937, which accounts for 0.98% of the market cap, suggesting limited liquidity. Technical indicators show mixed signals; while the 8 SMA and 13 SMA are declining, the 55 SMA is slightly increasing, indicating potential short-term support around $0.1832.

The 1-hour RSI is at 53, indicating a neutral market sentiment, while the 7-day RSI at 41 suggests that the asset is nearing oversold conditions. However, the 7-day price change of -9.39% and the 14-day change of -11.78% reflect a bearish trend over the past weeks, raising concerns about further price declines.

The all-time high of $2.99 achieved in February 2025 remains significantly distant from the current price, highlighting the long-term downward trend. The current price level represents a substantial decline from historical highs, creating skepticism about immediate recovery.

Considering the current technical indicators and the bearish trend over the last month, the recommendation for Pi Network (PI) is to Hold. This strategy allows investors to monitor potential support levels while assessing market dynamics before making any buy or sell decisions.