$PYTH PYTH/USDT
Long (buy the dip) – prioritize averaging down to strong
Entry Point: 0.0310 – 0.0320 USD
Take Profit (TP):
TP1: 0.0340 USD
TP2: 0.0365 USD (24h high)
Stop Loss (SL): 0.0295 USD
Brief Reason:
PYTH dropped -10.51% to 0.0315, hitting a strong support zone and RSI(6) ~28 indicating oversold conditions. Binance AI rates a 69.7% bullish sentiment, highlighting its leading position as an oracle, stable revenue, and infrastructure upgrades. The price is testing the bottom, with buying pressure showing signs of returning. Suitable for buying the dip while waiting for a recovery in the DeFi data trend. Trade with a small volume, manage your capital tightly.
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