Resistance levels @Pyth Network
Currently, Pyth Network ($PYTH ) is trading in the range of $0.1291 to $0.1720, acting as key support and resistance levels. The first important resistance level for $PYTH is at $0.1720, and if the price manages to overcome this level, the next resistance levels to watch will be $0.2299 and $0.2799. These levels are important as they may indicate the potential for further price growth.
Bollinger Bands $PYTH
At the moment, the upper band is $0.2217, and the lower band is $0.0851. As long as the price remains above the simple moving average (SMA), there is a possibility of it dropping to the SMA level at $0.1534. If the price continues to fall, we may see it touch the lower band.
Bollinger Bands are often used by traders to determine potential entry and exit points for trades. When the price of an asset rises above the upper band, it may indicate that the asset is overbought and serve as a signal to sell. When the price drops below the lower band, it may indicate that the asset is oversold and serve as a signal to buy.