Markets· ★★· bearish·

PYTH Falls 16.54% to $0.0786, Tests Key Support at $0.0774

  • —Price at $0.0786 sits below SMA-7, SMA-10 and SMA-20 but above SMA-30
  • —Volume of $35.3 million is 20.55% below the 30-day average
  • —Up 30.81% over 30 days but down 93.12% from its all-time high
  • —RSI at 51.6 and a negative MACD histogram point to mixed signals
Why it matters: Losing the $0.0756 SMA-30 would raise the risk of further downside, while reclaiming VWAP would signal stabilization.
#PYTH
Source: DiarioBitcoin
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