$PYTH is currently oversold after a 10%+ drop today. This is a high-risk, high-reward setup.
• Current Price: 0.588
Setup: Contrarian Buy (Wait for stability)
• Entry: Near 0.05500
• Target: 0.06200 / 0.06500
• Stop Loss: Below 0.05100
• Logic: The price is hitting a major historical demand zone. Look for a "wick" or quick rejection at 0.055 to confirm buyers are back.
⚠️ Note: Today is a Bank Holiday in the US. Expect lower volume during the evening, which can lead to "fake-outs." Trade with 50% of your usual position size.
