Markets· ★★· bearish·

PYTH Falls to $0.0804 as Volume Runs 11.8% Below Average, MACD Turns Bearish

  • —Price at $0.0804; reported 14.57% drop doesn't match the 4.86% fall from the $0.0845 close
  • —Volume of $39.2 million is 11.83% below the 30-day average of $44.46 million
  • —Price is 5.26% below the session VWAP of $0.0849; MACD histogram is negative
  • —Token is still up 33.9% over 30 days and 61.96% over 90 days
Why it matters: With no token-specific catalyst, PYTH's slide tracks broad market weakness, making its hold above the 30- to 200-day SMAs the key test for the medium-term trend.
Source: DiarioBitcoin