pyth 0.0504u, 7 days it has risen by almost 30%, and it’s almost reached a new six-month high.
On August 8, the low was still down around 0.0381, and it climbed all the way to around 0.052 today without really stopping. Over the past few days, the pace has clearly accelerated.
I didn’t find any new independent news for today. The Ministry of Commerce cooperation stuff is all old news. This move looks more like the Oracle-like sector is catching up as a whole, moving together with the broader market.
Chasing at higher levels isn’t great—the rally has been too fast. It would be more stable to buy on a pullback around 0.046.
If it breaks below 0.0381, this wave is basically over. Upside: look at 0.0613, the six-month high from early March. #PYTH $PYTH
On August 8, the low was still down around 0.0381, and it climbed all the way to around 0.052 today without really stopping. Over the past few days, the pace has clearly accelerated.
I didn’t find any new independent news for today. The Ministry of Commerce cooperation stuff is all old news. This move looks more like the Oracle-like sector is catching up as a whole, moving together with the broader market.
Chasing at higher levels isn’t great—the rally has been too fast. It would be more stable to buy on a pullback around 0.046.
If it breaks below 0.0381, this wave is basically over. Upside: look at 0.0613, the six-month high from early March. #PYTH $PYTH
