📊$PYTH / USDT Market Update
Current Price: $0.3879
Change: +5.72% 📈
24H High: $0.3917
24H Low: $0.3555
$PYTH is showing bullish momentum, gaining nearly 6% in the last 24 hours, with strong buying interest.
Key Observations from the 15-Minute Chart:
Moving Averages:7-MA (yellow): $0.3888 – slightly above the price, indicating a minor resistance.25-MA (pink): $0.3862 – acting as short-term support.99-MA (purple): $0.3780 – a robust support for long-term bullish sentiment.Resistance Levels:$0.3917 – The 24-hour high is a key resistance level to watch.$0.3920 – A psychological barrier for further upward movement.Support Levels:$0.3841 – A near-term support observed from recent price corrections.$0.3780 – The 99-MA, which strengthens the bullish base.
Volume Analysis:
PYTH Volume: 22.41MUSDT Volume: 8.44M
This substantial volume reflects strong market activity and liquidity for PYTH.
💡 Market Sentiment:
A breakout above $0.3917 could signal a further rally toward the $0.40 region. If sellers take control, we might see a pullback toward $0.384 or $0.378 levels for support.
What’s Your Strategy? Are you riding the bullish wave or waiting for a retracement? Share your thoughts below!