PYTH 1-2 Setup

Apr 17

The PYTH NETWORK 1-2 setup is currently unfolding. Wave-1 concluded its upward movement on March 18th, and we are now in a downward Wave-2, for which I've included a 0.88 Fibonacci level due to volatility. You can begin scaling into support and scaling out at resistance. Once Wave 2 concludes, I will provide the price target for Wave 3, now assuming Wave 2 has bottomed out. On a micro level, we're in Wave a of 2, anticipating Wave b of 2 and eventually Wave c of 2 heading downward, although the micro structure may shift. This setup offers a lower risk compared to the 4-5 setup for other altcoins