
PYTH rebounds 7.58% to $0.0582 after mass liquidations on September 16
- —PYTH trades near $0.0582, up 7.58% in 24 hours
- —Volume of $0.0231 million is 77% below the 30-day average
- —RSI at 59.9 and a bullish MACD, with price above the 200-day SMA
- —The asset is 94.9% below its all-time high of $1.14
Why it matters: The rebound is occurring on weak volume, so the risk of a reversal at $0.0608 resistance remains high.
Source: DiarioBitcoin