$PYTH #PYTH Bulls and bears haven't fully picked a side yet, so don't chase recklessly from the middle.
Candlestick timeframe: 1h
My stance: Wait and see (trade only with the trend; don't fight the market on emotion)
$PYTH #PYTH Execution: Wait for confirmation first, then add to the position once a key level is confirmed.
Key rationale: 1) PYTHUSDT is down 12.707% over 24h, with a current price of about 0.061120 and 24h trading volume of about 33.76M; 2) The primary timeframe and 4h timeframe have not formed confluence in the same direction. 3) The 4h close moved from 0.060930 to 0.061110, current open interest is about 130.18M, and the funding rate is about -0.0191%.
Risk control: If the 1h price falls back below 0.061630, don't rush into a trade.
$PYTH #PYTH Closing note: The direction is clear; execution depends on discipline. For reference only; this is not investment advice.
Candlestick timeframe: 1h
My stance: Wait and see (trade only with the trend; don't fight the market on emotion)
$PYTH #PYTH Execution: Wait for confirmation first, then add to the position once a key level is confirmed.
Key rationale: 1) PYTHUSDT is down 12.707% over 24h, with a current price of about 0.061120 and 24h trading volume of about 33.76M; 2) The primary timeframe and 4h timeframe have not formed confluence in the same direction. 3) The 4h close moved from 0.060930 to 0.061110, current open interest is about 130.18M, and the funding rate is about -0.0191%.
Risk control: If the 1h price falls back below 0.061630, don't rush into a trade.
$PYTH #PYTH Closing note: The direction is clear; execution depends on discipline. For reference only; this is not investment advice.