Pi Network (PI) is currently priced at $0.14602, reflecting a slight decline of 0.29% over the past 24 hours. The trading range for the day has been relatively tight, with a high of $0.146447 and a low of $0.1441, indicating low volatility in this period.

The volume stands at 9,490,333, with a volume-to-market cap ratio of 0.73%, suggesting moderate interest among traders. The short-term moving averages are showing mixed signals; while the 8, 13, and 21-period SMAs are indicating upward momentum, the longer 55 and 144 SMAs are showing bearish trends, particularly the 144 SMA which is down 3.93%.

Technical indicators reveal a 1-hour Relative Strength Index (RSI) at 60, suggesting the asset is nearing overbought conditions in the short term. However, the 7-day RSI at 45 indicates that the asset is in neutral territory, while the 7-day, 14-day, and 30-day price changes reflect a significant downward trend of approximately 6.44%, 17.22%, and 30.12%, respectively.

Fundamentally, Pi Network has seen a drastic decline from its all-time high of $2.99 achieved in February 2025. This sustained downtrend raises concerns about the underlying demand and market sentiment surrounding PI, particularly as it struggles to maintain momentum in a challenging environment.

Given the mixed signals from moving averages, the recent bearish price action, and the declining RSI values over longer periods, a cautious approach is warranted. Therefore, the recommendation for Pi Network (PI) is to Hold at this time, as potential buyers should wait for clearer signs of a trend reversal before entering the market.