$PYTH Struggles as Bearish Momentum Deepens
@Pyth Network (PYTH), a leading oracle provider bringing real-time market data on-chain, is under selling pressure as its price slipped to $0.1511 (-5.44%). After peaking near $0.25 last week, PYTH has been in a steady downtrend, with sellers dominating the chart.
Support Levels: Immediate support lies at $0.15, with stronger backing near $0.14. If these levels fail, price could retest $0.12 – $0.1172, last month’s low.
Resistance Zones: Any recovery will face hurdles around $0.163 – $0.17, where moving averages converge.
Next Move:
PYTH must hold above $0.15 to avoid further downside. A breakdown below this mark risks a slide toward $0.12, while reclaiming $0.17 could signal the first signs of stabilization.
