I fumbled $PYTH badly: sold the flush, then watched it rip 8.54% today. đ€Š
Now itâs $0.0666, with the recent 4h up 7.8%, but volume is only 0.4x its 20d average. Shorts are still paying funding at -0.001%, while price sits below the 20d and 50d MAs.
Annoying setup.
Iâd wait for $0.070 to hold before doing anything; I chased $XRP strength instead and got punished. RSI 58 says momentum is alive, not that the trend is fixed. đ„đ
#PYTH #Crypto #Binance
Now itâs $0.0666, with the recent 4h up 7.8%, but volume is only 0.4x its 20d average. Shorts are still paying funding at -0.001%, while price sits below the 20d and 50d MAs.
Annoying setup.
Iâd wait for $0.070 to hold before doing anything; I chased $XRP strength instead and got punished. RSI 58 says momentum is alive, not that the trend is fixed. đ„đ
#PYTH #Crypto #Binance