$PYTH is displaying strong recovery characteristics, lifting from reclaimed demand and building energy beneath a well-defined ceiling. Market internals reveal constructive accumulation with limited retracement depth, a positive sign for continuation traders. Resistance is positioned at 0.052, and sustained trade above that region could open the route toward 0.058 where historical reactions may surface. Nearby support rests at 0.045, with deeper invalidation around 0.041; bulls must defend this band to preserve structure. The tape suggests willingness from participants to engage on dips, reinforcing upside bias while compression persists. Breakout confirmation is critical because smaller assets frequently engineer liquidity sweeps before direction resolves. If acceptance occurs, momentum could build quickly. Until support fails, preference remains aligned with trend continuation and tactical dip participation. $PYTH

PYTH

0.0564

+7.02%