Pi Network (PI) is currently trading at $0.208406, reflecting a minor 24-hour change of 0.0947%. The daily price range has been relatively tight, with a high of $0.209012 and a low of $0.208035, indicating low volatility and a stable trading environment.

The trading volume of 6,012,879 suggests moderate interest in the asset, while the volume-to-market cap ratio of 0.34% indicates that liquidity is relatively low, which could lead to price swings with increased buying or selling pressure. Moving averages show a slight downward trend, with the 144 SMA reflecting the most notable drop of -0.89%, suggesting that short-term momentum is weakening.

Technical indicators such as the 1-hour RSI at 42 signal a neutral position, indicating that PI is neither overbought nor oversold. Meanwhile, the 7-day RSI at 46 suggests a slightly bearish trend, but the positive 14-day and 30-day price changes of 1.596% and 1.599% respectively indicate potential recovery momentum over a longer timeframe.

With the all-time high at $2.99, the current price remains significantly below this peak, suggesting substantial room for upside potential if market conditions improve. However, the recent price changes and short-term indicators imply caution, as there has been a small decline over the last week.

Based on the current data, the recommendation is to Hold. The asset has shown some resilience over the longer term, but short-term indicators are not strongly bullish. Investors should monitor for a potential breakout above the current moving averages and increased volume to signal a more favorable entry point.