📉 PYTH Price Analysis – Should You Enter Now?
🕯️ 1D Chart Status:
PYTH is trading around $0.119 with strong sell pressure on the 1-day chart.
➡️ 13 indicators = Sell
➡️ 9 = Neutral
➡️ 3 = Buy
📊 4H Outlook:
Possible rebound forming after 5-wave down structure (Elliott Wave).
📉 Caution: Still unconfirmed. Wait for a breakout or further dip.
🌐 Market Overview:
✔️ BTC holding above $108K
✔️ ETH above $2,700 after +50% monthly surge
✔️ Institutional inflow strong
⚠️ CPI data & Fed decisions may trigger volatility
📌 Strategy Tip:
🔹 Avoid full entry now
🔹 Ideal entry zone: $0.110–$0.115
🔹 Use DCA (Dollar Cost Averaging)
🔹 Monitor 4H bounce before adding
🎯 Summary:
PYTH = Bearish short-term, but long-term rebound possible with market support from BTC/ETH strength. Patience is key. 🚦
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