PYTH remains within a broader downtrend, but short-term structure is beginning to improve.
Price is holding a local demand base where buyers have consistently stepped in. Compression is developing between support and the range high, suggesting a potential expansion phase ahead.
Momentum is turning higher from depressed levels, indicating selling pressure is fading. Volatility has reset and is starting to curl upward, a typical precondition for a directional move. Volume remains light, so confirmation is still needed.
Key Structure
âą Local demand holding
âą Range compression forming
âą Momentum improving
âą Volatility resetting
Outlook
Acceptance above the range high would support continuation, while failure to do so likely keeps price in consolidation or leads to another sweep of demand.
Early structure forming. Patience over prediction.
