🚨 $PYTH Alert – Bears Still in Control! 🚨 $PYTH is struggling to shake off selling pressure, currently at 0.1626 USDT (-4.73%). After testing 0.1560 support, it bounced slightly—but the rebound feels weak, barely making a dent below MA(25) and MA(99). This screams bearish momentum is still very much alive.
⚠️ Outlook: That minor bounce? Likely a dead-cat bounce. Sellers are in the driver’s seat, and needs a decisive move above 0.170 to flip the bias. Until then, the bears are calling the shots.
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🚨 $PYTH Alert – Bears Still in Control! 🚨
$PYTH is struggling to shake off selling pressure, currently at 0.1626 USDT (-4.73%). After testing 0.1560 support, it bounced slightly—but the rebound feels weak, barely making a dent below MA(25) and MA(99). This screams bearish momentum is still very much alive.
💥 Trade Idea (Short Setup):
Entry: 0.163 – 0.165
Targets: 0.158 | 0.154 | 0.150
Stop Loss: 0.170
⚠️ Outlook: That minor bounce? Likely a dead-cat bounce. Sellers are in the driver’s seat, and needs a decisive move above 0.170 to flip the bias. Until then, the bears are calling the shots.
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