$PYTH closes above $0.045 this week or this pop is just noise. 🚨
Price is $0.0418 after an 8.2% 24h push, but RSI(4h) at 72 says it’s getting hot fast. Volume is only 0.6x its 20d avg, so I’m not chasing this candle. Longs are already paying funding too.
Still early.
Trend is clean above the 20d and 50d MA, so the setup is simple: hold $0.041 and grind toward $0.045. Lose it, and I think this fades back into the range. 📉
Who else is watching $PYTH right here?
#PYTH
#Crypto
Price is $0.0418 after an 8.2% 24h push, but RSI(4h) at 72 says it’s getting hot fast. Volume is only 0.6x its 20d avg, so I’m not chasing this candle. Longs are already paying funding too.
Still early.
Trend is clean above the 20d and 50d MA, so the setup is simple: hold $0.041 and grind toward $0.045. Lose it, and I think this fades back into the range. 📉
Who else is watching $PYTH right here?
#PYTH
#Crypto