I almost bought $PYTH today. Then I checked the volume, 0.5x average
Price sits at $0.07216 right near the top of the daily range
Total volume is just $1.9M which means thin books and messy exits
I need an hourly close and hold above $0.07272 before I care
Or a clean pullback that holds $0.06716 and bounces hard
It could keep running without me and a bad entry costs more than a missed move
Chasing $PYTH here, or waiting for $0.06716
#PYTH #RiskManagement
Price sits at $0.07216 right near the top of the daily range
Total volume is just $1.9M which means thin books and messy exits
I need an hourly close and hold above $0.07272 before I care
Or a clean pullback that holds $0.06716 and bounces hard
It could keep running without me and a bad entry costs more than a missed move
Chasing $PYTH here, or waiting for $0.06716
#PYTH #RiskManagement