🚨 $PYTH in motion: +1.59% in 24 hours 🚀
The Pyth Network token ($PYTH ) has just recorded a slight rebound in its price (+1.59%), driven by factors worth watching closely 👇
🔹 1. Market dynamics:
Technical indicators like MACD, RSI, and Bollinger Bands signal a bullish scenario in the short term 📈. Additionally, there has been an influx of large holders, which reinforces confidence.
🔹 2. Strategic developments:
The project moves forward with governance proposals via DAO and Phase 2 of institutional data subscriptions. It also adds new integrations in key areas such as AI and DePIN, expanding its reach.
🔹 3. Key challenges:
Not everything is green:
• Risk of a long-term bearish trend marked by EMAs.
• Potential pressures from future token unlocks in May 2026.
• Strong competition in the oracle sector.
⚖️ In summary: $PYTH shows strength in the short term thanks to capital inflows and innovation, but investors should closely monitor structural risks and the impact of future supply.
👉 Do you see it as a tactical short-term buy or as a strategic long-term hold? 🤔