Does $PYTH change its direction? Quick glance 🧠📈
It appears that $PYTH is preparing for an upward reversal phase!
On the daily timeframe, we observe the formation of a double bottom pattern with a strong rebound from the previous support and broken resistance (RBS) area at 0.065–0.067.
Technical indicators support bullish momentum:
– MACD indicator is turning toward the positive zone
– RSI indicator above 50 ✅
But ⚠️ caution: a daily close below 0.065 could invalidate this scenario.
PYTHUSDT
Perp
0.0559
-1.48%