Pi Network (PI) trades at $0.081024, down 0.69% over the past 24 hours. Its daily range was $0.078201 to $0.082889, placing the current price about 60% of the way up the range; this indicates a recovery from the session low, but not a positive daily result.

The hourly moving averages give a mixed short-term picture. PI is slightly above the 8-hour SMA of $0.0804 and 13-hour SMA of $0.0808, but below the 21-hour SMA of $0.0813, 55-hour SMA of $0.0828, and 144-hour SMA of $0.0859.

That positioning suggests some near-term price stabilization, while the higher hourly averages remain overhead. The gap below the 144-hour average is the largest, at about 5.6% as reported, so the faster-average strength does not yet establish a broader reversal.

Both RSI readings are below 50: 42 on the one-hour timeframe and 41 over seven days. They indicate subdued momentum rather than strong buying pressure; neither reading is near the commonly used 30 threshold associated with oversold conditions.

Price performance is negative across all supplied horizons: down 9.94% over seven days, 6.08% over 14 days, and 17.22% over 30 days. The larger seven-day loss than the 14-day loss points to more pronounced weakness in the recent week, despite the shorter-term position above the two fastest moving averages.

Reported 24-hour volume is 9,594,440, and volume relative to market capitalization is 1.05%. These figures provide trading-activity context, but without a comparison period or buy-versus-sell breakdown they do not independently confirm either accumulation or selling pressure.

The current price is about 97.3% below the $2.99 all-time high recorded on February 26, 2025. That establishes substantial distance from the historical peak, but the supplied data do not show that the high is a near-term reference point or identify a price floor.

Overall rating: Sell. The modest daily decline, position above the two fastest hourly averages, and recovery from the session low are counterevidence, but they are outweighed by negative returns across the one-, two-, and four-week periods, RSI readings below 50, and price below three of the five hourly averages. The primary evidence supporting the rating is the persistent negative price momentum, especially the 30-day loss, alongside weak RSI and overhead moving averages.