PYTH/USDT ANALYSIS
PYTH is currently consolidating within a broadening wedge pattern and is trading just above the support trendline of the wedge.
The Ichimoku Cloud is acting as a resistance barrier above the price action, signaling overhead pressure.
If the price holds above the support trendline, a bounce from this level is expected, potentially leading to a short-term recovery.
However, a breakdown below the wedge support would likely trigger a further downward movement.