PYTH price "is trending", but in which direction?)

6 de fev. de 2024

For a couple of days now, PYTH has been in various "ratings of interesting coins," so let's write a few words about what we see on the chart.

The fact that after +50% growth in early February, each daily candle closes with a shadow on top is not good for buyers. This means that someone is selling PYTHUSDT quite aggressively in the range of $0.48-0.52.

Now, a correction of at least $0.42-0.43 is very much needed.
And then it will be seen:
- whether the hype and pump will continue at least to $0.70
- or the correction will continue to the range of $0.30-0.33 for a safer purchase.

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