$PYTH
📡 PYTH — Are we forming a bottom? Reversal or too early?
📦 What is this coin?
Go👇
Pyth Network (PYTH) — a decentralized oracle network providing real-time data for DeFi applications. Sources include the largest market players (Binance, CBOE, Jane Street).
Used in trading, lending, derivatives. PYTH is an infrastructure token involved in network governance and staking.
📈 History and chart:
Launch: November 2023
ATH: $1.15 (December 2024)
Bottom: ~$0.0807 (June 2025)
Current: ~$0.095–0.11
Drop of more than 90% from the peak. Consolidation is observed near the minimum — possible bottom formation.
📊 Analysis:
On 1W and 1D, a buyback from the bottom is visible.
RSI is close to the oversold zone.
A consolidation above $0.11 and a breakout above $0.12 will open the way to $0.14–0.15.
🔮 Outlook:
1-3 months: $0.10–0.14 — growth possible with volume support
3–6 months: targets $0.20–0.30
6-12 months: $0.75–1+ with increased demand for oracles
⚠️ Risks and chances:
Risks: weak demand, competition, token unlocks
Chances: increased activity in DeFi, partnerships, new blockchains
💡 Actions:
Buying: $0.09–0.11
Targets: $0.14 / $0.20 / $0.75
Stop/Averaging: $0.078
🚫 This is not an investment recommendation, but merely an opinion on the overall market situation and chart analysis. Always DYOR and consider your risks.