Pyth Network (PYTH)

With a trend reversal rally, the PYTH token shows a bullish turnaround from a crucial support of $5. The reversal run shows a triangle breakout run and a local support trendline at play.

Further, the uptrend prolongs the daily RSI heading back from the halfway line. The recovery rally in PYTH is heading towards the 200-day EMA as it sprouts from the 50D EMA.

Based on the Fibonacci levels, an uptrend continuation above the 23.60% Fibonacci level at $0.4489 could target $0.50 or $0.67. $PYTH