Iceflower89

$PYTH Bearish Market Structure

PYTH is facing selling pressure after getting rejected near resistance on the 1H chart.

RSI is around 40, indicating weak momentum, while funding at -0.004% suggests a bearish tilt in market positioning. Sellers appear to be defending this zone, but confirmation of continued downside is still important.

If the rejection holds, bearish momentum could continue. However, a move back above resistance would weaken this outlook.

Watching how price reacts at this level next. 👀
#PYTH #USEarningsSeason