Pi Network (PI) is currently priced at $0.207655, reflecting a slight decline of 0.37634% over the last 24 hours. The daily trading range remains tight, with a high of $0.209904 and a low of $0.206881, indicating limited volatility in recent trading sessions.

Trading volume stands at 11,389,153, representing 0.66% of the market cap, which suggests moderate interest among traders. The hourly moving averages are bearish, with the 8 SMA at $0.2081 showing a decline of 0.23%, while longer-term SMAs indicate stronger negative momentum.

The 1-hour RSI is at 41, suggesting that the asset is approaching oversold territory, while the 7-day RSI at 51 indicates a neutral trend. Over the past 30 days, PI has seen a price decline of approximately 4.07%, contrasting with a modest increase of 2.10% over the past week, indicating recent stabilization after a downtrend.

The all-time high for PI remains significantly distant at $2.99, established in February 2025, highlighting the current price as undervalued in a historical context. However, the current technical indicators, including the moving averages and RSI levels, suggest caution in entering new positions.

Given the mixed signals from both technical indicators and recent price performance, the recommendation is to Hold. This stance allows investors to reassess PI's position as it stabilizes around current levels, while monitoring for any potential bullish reversal signals or further declines.