#PYTH rebounded from the $0.072 support zone, rising about 10% in 24 hours and successfully breaking above its recent high.
Meanwhile, OI climbed to $17.28 million, with long positions accounting for about 67%, as bullish market sentiment gained momentum.
However, increased leverage also means greater volatility. Next, watch to see whether the price can hold above $0.089.
If it holds, the rally may continue; if it falls below, it could retest $0.072.
Meanwhile, OI climbed to $17.28 million, with long positions accounting for about 67%, as bullish market sentiment gained momentum.
However, increased leverage also means greater volatility. Next, watch to see whether the price can hold above $0.089.
If it holds, the rally may continue; if it falls below, it could retest $0.072.