$PYTH may return to growth

A rather interesting situation is forming on the 6 hour and 4 hour timeframes. It was caused by a prolonged downward movement.

A bullish formation - "descending wedge" 🐃 - is formed throughout the decline. It is expressed by two trendlines that are clamping the price.

The exit from the mentioned formation is most likely up 🕯. It only requires a breakout of the upper boundary, the trend line.

The nearest strong resistance on the price path will be the resistance zone between ~$0.503 and ~$0.564. So far, this is the first target, and further movement will depend on various factors 🎯