Pi Network (PI) is currently priced at $0.18403, reflecting a slight 24-hour change of 0.09095%. The daily trading range has been relatively narrow, with a high of $0.186172 and a low of $0.181268, indicating low volatility in recent trading sessions.

Volume stands at 12,406,462, which represents 0.80% of the market cap, suggesting subdued trading activity relative to the overall market size. The hourly moving averages show mixed signals; the 8 SMA and 13 SMA are positive, while the 21 SMA and 144 SMA indicate slight downtrends, reflecting short-term uncertainty in price direction.

The 1-hour RSI is at 44, positioning the asset near neutral territory, while the 7-day RSI at 42 indicates bearish momentum over the past week. A significant decline in price has been observed over longer periods, with 7, 14, and 30-day price changes of -9.95%, -12.01%, and -10.09% respectively, demonstrating ongoing selling pressure.

Given the context of a declining trend and the relatively low RSI values, there is a risk of further price depreciation. Moreover, with the all-time high of $2.99 far above the current price, investor sentiment may be cautious, factoring in the asset's long-term viability and market performance.

In conclusion, the combination of mixed moving averages, low RSI levels, and negative price momentum over multiple time frames suggests that now is not an ideal entry point. Therefore, the recommendation is to Hold until clearer bullish signals emerge or until RSI levels indicate a reversal in momentum, allowing for a more favorable buying opportunity.