$PYTH


PYTH has shifted from a broader bearish trend into a short term consolidation phase after repeated rejection below EMA(200).
Key resistance
0.0423–0.0431 → EMA reclaim zone
0.0446 remains major resistance if bullish recovery momentum returns
Key support
0.0405–0.0381 local demand area
Loss of this zone could expose deeper downside toward the psychological 0.036 region
Bullish scenario
A strong reclaim above EMA(200) with sustained buying volume could trigger recovery momentum toward 0.044–0.046 resistance levels.
Bearish scenario
Failure to reclaim EMA resistance may continue the downtrend structure and extend the correction lower.
PYTH is currently trading below EMA(200) while attempting to stabilize after a sharp decline from the 0.044 region. Until price establishes strength back above the EMA zone, short term momentum remains cautious and rallies may continue facing selling pressure
#TradfiTradingChallenge #HYPEOutperformsAgain
PYTH-3.08%
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