PYTH drops 7.11% to $0.0719, tests key support at $0.0687
- —Price at $0.0719, down 7.11% on the day, at the low of the intraday range
- —Volume of $31.8 million, 19.25% above the 30-day average
- —Price below SMA-7 ($0.0769) and VWAP ($0.0752), but above SMA-30 ($0.0660)
- —Key support sits at the Fibonacci level of $0.0687
Why it matters: A break below $0.0687 would weaken PYTH's recovery, while holding above SMA-30 keeps its 33.5% monthly gain intact.
Source: DiarioBitcoin