Will the Bearish Flag hold or fail? Plot your targets on the chart.
Bearish continuation if preceding move was down.
Technical analysis of Pyth Network (PYTH) reveals a significant setup. With a last close of $0.04, volatility remains active (1.25%). Price action has carved out a classic Bearish Flag. Volume is strong (1.29x avg) with moderate trend strength (18.8). A potential breakout level is identified at $0.04, targeting $0.01 with support near $0.04 (R:R 4.68).
What is your outlook on PYTH?