$PYTH / USDT – Controlled Pullback Phase
$PYTH is currently at 0.0447 after a -2.40% decline. This drop reflects moderate selling pressure, likely driven by short-term profit-taking rather than panic liquidation.
The downward move indicates that sellers are testing lower liquidity zones. If support fails to hold, further downside extension is possible. Bears have short-term momentum advantage, but the structure still allows room for recovery.
Potential Entry Zone for Buyers: 0.0435 – 0.0440
Upside Targets: • Target 1: 0.0460
• Target 2: 0.0475
• Extended Target: 0.0490
Protective Zone: Stop-Loss: 0.0425
A sustained move below this area could accelerate selling.
Market Bias: Short-Term Bearish
PYTH
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