Will the Descending Triangle hold or fail? Plot your targets on the chart.
Bearish continuation pattern.
Technical analysis of Pyth Network (PYTH) reveals a significant setup. Price has moved to $0.04 (1.1%) amidst recent volatility. Algorithmically, a Descending Triangle structure has completed. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $0.04, targeting $0.01 with support near $0.06 (R:R 1.23).
What is your outlook on PYTH?