Pi Network (PI) is currently trading at $0.207796, reflecting a slight decline of 0.75% over the last 24 hours. The price is within a narrow daily range, with a high of $0.210072 and a low of $0.20725, indicating limited volatility.

The trading volume stands at approximately 11.67 million, which corresponds to a low 0.67% of the market cap, suggesting a lack of significant buying interest. Moving averages are also showing bearish signals, with the 8, 13, and 21 SMA indicating minor declines, while the 55 SMA is slightly stable, hinting at potential consolidation.

The 1-hour RSI is at 34, indicating oversold conditions which often precede short-term recoveries. Conversely, the 7-day RSI is at 48, suggesting that the momentum is neutral and that there might be a lack of strong buying or selling pressure in the medium term.

In terms of price changes, the 7-day decline of approximately 0.33% contrasts with a positive 14-day change of 1.88% and a robust 30-day increase of 6.42%. This divergence indicates that while there was recent weakness, the longer-term trend remains somewhat positive, suggesting potential for recovery.

Given that the all-time high for PI is $2.99, the current price presents significant upside potential; however, current technical indicators and volume suggest caution. With a lack of strong bullish momentum and a generally declining price action, the recommendation is to Hold for the time being while monitoring for a potential reversal or increase in trading volume.