Pi Network (PI) is currently priced at $0.218583, reflecting a minor increase of 0.94218% over the past 24 hours. The daily trading range has been relatively narrow, with a high of $0.22025 and a low of $0.213383, indicating consolidation within a tight band.

Trading volume stands at 18,674,417 PI, equating to a volume-to-market cap ratio of 1.03%, which suggests modest trading activity relative to its market capitalization. The hourly moving averages indicate a mixed short-term trend, with the 8 SMA showing a slight decline while longer moving averages like the 13 SMA indicate a minor positive shift.

The 1-hour RSI is at 60, indicating potential overbought conditions, while the 7-day RSI sits at 48, suggesting that the asset is nearing neutral territory. The 7-day price change reflects a decline of approximately 2%, while the 14-day trend indicates a more significant drop of around 11.87%, highlighting a bearish sentiment in the mid-term.

In the longer term, the 30-day price change shows a modest increase of 5.79%, which may indicate some recovery from previous lows. However, the stark contrast with the asset's all-time high of $2.99, achieved in February 2025, underscores the significant downside risk still present.

Given the current market dynamics, with short-term indicators showing mixed signals and the mid-term outlook appearing bearish, the recommendation is to Hold. This position allows for observation of market movements without incurring potential losses, as the asset consolidates and shows signs of stabilization before making further investment decisions.