Will the Bullish Flag hold or fail? Plot your targets on the chart.
Bullish continuation if preceding move was up.
Indecision. Widening then narrowing range.
Gradual reversal from bearish to bullish.
Reversal pattern. Price likely to break downwards.
Traders are watching Pyth Network (PYTH) as price action tightens. The stock is trading at $0.04, down 3.05% on the day. Price action has carved out a classic Diamond. Volume is average (0.57x avg) with moderate trend strength (19.6). A potential breakout level is identified at $0.05, targeting $0.07 with support near $0.04 (R:R 2.0).
What is your outlook on PYTH?