Markets· ★★· bearish·

PYTH drops 8.38% on volume 84% above average

  • —Daily drop of 8.38%: price slid to $0.0794 from $0.08099
  • —Volume of $66.75 million, 84.47% above the 30-day average
  • —Up 43.36% over 30 days and 58.74% over 90 days
  • —RSI at 56.8 is neutral; price below SMA-7 and VWAP but above SMA-15 and SMA-30
Why it matters: A high-volume pullback after a monthly rally signals profit-taking, though the medium-term trend remains positive.
#PYTH
Source: DiarioBitcoin
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