The current price of Pi Network (PI) is $0.160861, reflecting a modest 24-hour change of 1.65672%. The price has tested a daily high of $0.161131 and a low of $0.151387, indicating a relatively tight daily range of 0.009744%, which suggests limited volatility in the short term.

Trading volume stands at 20,374,353, with a volume-to-market cap ratio of 1.45%, indicating a moderate level of interest in trading activity. The hourly moving averages suggest bullish momentum with the 8 SMA at $0.1586 showing a positive change of 1.45%, while the longer-term 144 SMA at $0.1645 reflects a bearish trend of -2.21%, indicating mixed signals depending on the time frame analyzed.

The 1-hour RSI is at 72, suggesting that the asset is nearing overbought territory, which could lead to a potential price correction. In contrast, the 7-day RSI at 45 indicates neutral momentum, while both the 14-day and 30-day price changes are significantly negative at -14.89% and -22.90%, respectively, reflecting a longer-term bearish trend.

The all-time high for Pi Network is $2.99, reached on February 26, 2025, which emphasizes the current price's substantial distance from its peak. Given the recent price action, elevated short-term RSI, and negative longer-term trends, the market sentiment appears cautious.

Considering the technical indicators and recent performance, a Hold rating is recommended. The current price shows some short-term potential for upward movement, but the overarching bearish trends in the longer time frames and overbought signals suggest maintaining positions while monitoring for clearer bullish indicators before making any further commitments.