$PYTH
Short sellers are having a field day with PYTH, down 6.1% in a day. Panic selling is concentrated, but bloodied positions won’t stay underwater forever. Go long at the current price of 0.0744, with a stop-loss at 0.0722 and a target of 0.0805; risk/reward ratio: 2.8:1. The moment of greatest panic is often when you’re closest to the bottom. #PYTH #Market Analysis
Short sellers are having a field day with PYTH, down 6.1% in a day. Panic selling is concentrated, but bloodied positions won’t stay underwater forever. Go long at the current price of 0.0744, with a stop-loss at 0.0722 and a target of 0.0805; risk/reward ratio: 2.8:1. The moment of greatest panic is often when you’re closest to the bottom. #PYTH #Market Analysis