【
$PYTH Signal】Pullback Long + 1H Oversold Rebound Play
$PYTH The 1H timeframe is currently oscillating around a key support zone, with the price significantly deviated from the moving average and in an oversold state. Although the 4H timeframe is still in a downtrend channel, trading volume remains stable with no signs of panic selling. Coupled with negative funding rates, there is potential for a short squeeze rebound. The current price is consolidating around 0.0471, with deep buy orders in the 0.0469-0.0470 range, indicating that funds are supporting the market here.
🎯Direction: Long (Long