$PYTH just dropped 4.2% today even after ripping 23.96% this past week, and that gap between the weekly chart and the daily candle is the whole story right now.
nasdaq didn't do a partnership tweet here, they plugged TotalView, their flagship market depth feed, straight into the Pyth Data Marketplace. that's real equity data from one of the biggest exchanges on the planet routing through Pyth's rails, not a testnet demo.
i think this pullback is just profit taking from the week's run, not the market rejecting the Nasdaq news. a coin doesn't get institutional plumbing like that and then get abandoned in four days.
$PYTH is trading at $0.07991 right now, off the 24h high of $0.08682. if it holds the $0.07895 low, i think it grinds back toward that $0.08682 high as the Nasdaq story keeps circulating.
if it loses $0.07895, i'm wrong on this and there's nothing left to defend, that's the floor breaking the same week Nasdaq showed up.
holding $0.07895 or losing it?
follow me for more calls like this.
nasdaq didn't do a partnership tweet here, they plugged TotalView, their flagship market depth feed, straight into the Pyth Data Marketplace. that's real equity data from one of the biggest exchanges on the planet routing through Pyth's rails, not a testnet demo.
i think this pullback is just profit taking from the week's run, not the market rejecting the Nasdaq news. a coin doesn't get institutional plumbing like that and then get abandoned in four days.
$PYTH is trading at $0.07991 right now, off the 24h high of $0.08682. if it holds the $0.07895 low, i think it grinds back toward that $0.08682 high as the Nasdaq story keeps circulating.
if it loses $0.07895, i'm wrong on this and there's nothing left to defend, that's the floor breaking the same week Nasdaq showed up.
holding $0.07895 or losing it?
follow me for more calls like this.
