$PYTH at $0.065.
Remember when this was trading above $1 and everyone was talking about its potential?
Now it's down over 90%, and the excitement has completely disappeared.
But this weekly chart has my attention.
Price has been grinding along a long-term support area
with each selloff struggling to gain momentum.
The question is whether this is accumulation or simply a downtrend taking a break.
If buyers finally step in, $0.24 is my first major target.
Then $0.54 and $1.15.
And if the market enters a full-blown altcoin rally, $2 becomes my extreme bull case.
That's over 3,000% potential upside on the chart.
A massive target doesn't mean a massive rally is coming.
But here's what's interesting.
People were happy to chase $PYTH above $1.
At $0.065, almost nobody wants to look at it.
Same coin. Completely different sentiment.
Remember when this was trading above $1 and everyone was talking about its potential?
Now it's down over 90%, and the excitement has completely disappeared.
But this weekly chart has my attention.
Price has been grinding along a long-term support area
with each selloff struggling to gain momentum.
The question is whether this is accumulation or simply a downtrend taking a break.
If buyers finally step in, $0.24 is my first major target.
Then $0.54 and $1.15.
And if the market enters a full-blown altcoin rally, $2 becomes my extreme bull case.
That's over 3,000% potential upside on the chart.
A massive target doesn't mean a massive rally is coming.
But here's what's interesting.
People were happy to chase $PYTH above $1.
At $0.065, almost nobody wants to look at it.
Same coin. Completely different sentiment.
