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08/31 02:56

Pyth Network (PYTH) Faces Resistance at $0.20: Bre

Pyth Network (PYTH) Faces Resistance at $0.20: Breakout or Reversal?

PYTH is trading at $0.1906 after a 5.49% decline, with trading volume down 63.49% to $837.96 million in 24 hours.

The weekly gain has reached 50.28%, indicating resilience and strong market interest despite the daily selling pressure.

The support at $0.18 is crucial, as the RSI and MACD are pointing to weakening momentum and a possible short-term correction.

Pyth Network (PYTH) is currently trading at $0.1906, indicating a 5.49% decline in the last 24 hours.  There is a significant drop in trading volume, which has fallen by 63.49% and currently stands at $837.96 million. Short-term market performance has slowed, indicating a slowdown in daily growth.

  

However, PYTH has shown strong growth throughout the week. Over the past seven days, the coin has increased by 50.28%. This upward trend indicates growing interest from traders despite the current decline. The weekly gains reflect strong market sentiment.

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