$PYTH 1 hours -6.83%, current price 0.08128. If you're itching to buy the dip, ask yourself three questions first:
① The 24-hour low is 0.0785. Is it holding as support, and are there signs the decline is stopping?
② This was a sudden plunge. Can you handle it if the price tests the lows again?
③ Have you planned your position? What will you do if your entry is poorly timed?
If you haven't thought it through, it's better to wait.
It'll be easier to make a call after trading volume subsides.
Be aware of the risks, and make your own decision.
① The 24-hour low is 0.0785. Is it holding as support, and are there signs the decline is stopping?
② This was a sudden plunge. Can you handle it if the price tests the lows again?
③ Have you planned your position? What will you do if your entry is poorly timed?
If you haven't thought it through, it's better to wait.
It'll be easier to make a call after trading volume subsides.
Be aware of the risks, and make your own decision.