$PYTH is ugly right now, which is exactly why it’s on my radar.
Down 9.96% in 24h to $0.0652, with $6.27M traded. The 4h move is worse at -11.5%, but RSI is sitting near 34 and funding is -0.004% , shorts are paying to stay crowded. 👀
That’s the alpha: weak price, tired momentum, but not much volume expansion at 0.9x the 20d average. MAs are chopping, so I’m not pretending this is a clean trend.
Near $0.065, I’d rather watch for a reclaim than chase the flush. $XRP taught the market that crowded shorts can unwind fast. ⚡
#PYTH #CryptoNews
Down 9.96% in 24h to $0.0652, with $6.27M traded. The 4h move is worse at -11.5%, but RSI is sitting near 34 and funding is -0.004% , shorts are paying to stay crowded. 👀
That’s the alpha: weak price, tired momentum, but not much volume expansion at 0.9x the 20d average. MAs are chopping, so I’m not pretending this is a clean trend.
Near $0.065, I’d rather watch for a reclaim than chase the flush. $XRP taught the market that crowded shorts can unwind fast. ⚡
#PYTH #CryptoNews