Pi Network (PI) is currently priced at $0.22709, exhibiting a modest 24-hour change of 0.46434%. The daily trading range has been relatively tight, with a high of $0.230145 and a low of $0.221083, indicating low volatility and a cautious market sentiment.

The volume of 33,653,503 signifies a relatively active trading day, corresponding to a 1.78% ratio of volume to market cap, which suggests that liquidity is sufficient for short-term trades. Technical indicators show mixed signals, with the 1-hour RSI at 56 indicating slight bullish momentum, while the 7-day RSI at 49 suggests that momentum is neutral, indicating possible consolidation.

Short-term moving averages present a generally positive outlook, with the 55 SMA showing a 2.31% increase, indicating recent buying pressure. However, the 8 SMA is marginally down by 0.03%, which could imply that immediate momentum is stalling, suggesting a cautious approach.

On the fundamental side, the 30-day price change is positive at 12.58%, reflecting a longer-term bullish sentiment, while the 14-day change shows a sharper decline of -6.23%, indicating recent bearish sentiment. The all-time high of $2.99 reached on February 26, 2025, remains a significant point of resistance, suggesting considerable room for growth but also highlighting volatility risks.

Given the mixed technical indicators, with short-term moving averages showing some bullish signs and the longer-term RSI indicating potential consolidation, I recommend a **Hold** rating for Pi Network (PI). While the price has potential for upward movement based on longer-term trends, the current volatility and lack of strong momentum suggest maintaining positions rather than making new investments at this stage.