#PYTH Pyth Network (PYTH) is currently trading at $0.2088 with a 42.06% increase in value over the last 24 hours. Here's a detailed technical analysis:
*Key Indicators:*
- *Current Price*: $0.2088
- *Market Cap*: $741.04 million
- *24-hour Trading Volume*: $156.19 million
- *Circulating Supply*: 3.62 billion PYTH coins
- *Max Supply*: 10 billion PYTH coins
*Technical Ratings:*
According to , PYTH's 1-day technical ratings indicate a "Buy" signal, with 4 indicators suggesting buying and 0 indicators suggesting selling. Oscillator indicators show a neutral to buy trend ¹.
*Support and Resistance Levels:*
To determine potential support and resistance levels, consider analyzing charts and trends. Key levels to watch include:
- *Support Level*: $0.1437 (24-hour low)
- *Resistance Level*: $0.2054 (24-hour high)
*Trading Strategies:*
Based on the technical analysis, potential trading strategies could include:
- *Long-Term Trade*: Buying PYTH at current prices, with a stop loss at $0.1457 and targets at $0.2054 and higher
- *Short-Term Trade*: Looking for short opportunities around $0.2054, with a stop loss at $0.2070 and targets at $0.2000 and lower
Keep in mind that technical analysis isn't a definitive predictor of future price movements. Stay updated on market trends and news for informed trading decisions ².$PYTH