Everyone is looking at $PYTH today. I am sitting this one out
Volume is dead at 0.7x average on this -5.0 percent drop to $0.06823
That means real money is not stepping in here yet
I need an hourly close and hold above $0.07353 before I touch it
Or a clean pullback that holds $0.06826 and bounces hard
It could keep running without you and a bad entry costs more than a missed move
Chasing $PYTH here, or waiting for $0.06826?
#PYTH #RiskManagement
Volume is dead at 0.7x average on this -5.0 percent drop to $0.06823
That means real money is not stepping in here yet
I need an hourly close and hold above $0.07353 before I touch it
Or a clean pullback that holds $0.06826 and bounces hard
It could keep running without you and a bad entry costs more than a missed move
Chasing $PYTH here, or waiting for $0.06826?
#PYTH #RiskManagement