Analysis of #PYTH/USDT

The PYTH pair is currently stabilizing within a broad wedge pattern, trading just above its support line.

The Ichimoku cloud acts as a resistance barrier above the price action, indicating upward pressure.

If the price holds above its support line, a rebound from this level is expected, which could lead to a short-term recovery.

However, a drop below the wedge support is likely to lead to further declines.