$PYTH had a huge token unlock a while ago, and this has helped to bring the price down heavily. As things stand, the price is below the 0.786 fibonacci on the weekly time frame. That said, the weekly close has still not taken place, and the $PYTH price will need to get above this level and also break through the downward trend line.

In its favour, a double bottom is presenting itself, plus there is a tentative tick up from the bottom of the stochastic RSI. This indicator can bring huge momentum back into the price if it continues to cross back up and another fakeout (in June) is avoided.