Pi Network (PI) is currently priced at $0.65273, reflecting a slight decline of 0.18322% over the past 24 hours. The price has fluctuated between a high of $0.656367 and a low of $0.64333 during this period, indicating a daily range of 0.013037%.

Trading volume stands at approximately 76,269,382, contributing to a volume-to-market cap ratio of 1.68%. The short-term moving averages show mixed signals: the 8 SMA at $0.6476 is up by 0.80%, while the 55 SMA at $0.6529 is down by 0.03%, suggesting indecision in the market.

The 1-hour RSI is currently at 47, indicating neutrality and a lack of momentum in either direction. In contrast, the 7-day RSI is at 50, which reinforces the view of a market in consolidation, while the price has decreased by 0.79% over the past week.

Longer-term trends reveal a more bearish sentiment, with the 14-day and 30-day price changes at -2.40% and -19.41%, respectively. These declines suggest that the asset has been experiencing selling pressure over the past month, further compounded by the significant drop from its all-time high of $2.99 in February 2025.

Given the current technical indicators and the overall downward price trend, the immediate outlook for Pi Network appears weak. The mixed signals from moving averages and RSI readings suggest caution, leading to a recommendation of Hold for now, as the market may need further consolidation before a potential upward movement can be confirmed.