【$PYTH Signal】Empty position + decline accompanied by abnormal open interest
$PYTH Price decline accompanied by high open interest, market logic suggests caution for long liquidation or main force distribution risk. Currently, there is no clear bottoming structure on the chart, and price action is relatively weak.
🎯 Direction: Empty position
Wait for the price to show clear buy absorption and structural reversal signals in the key support zone (such as 0.045-0.047), or for signs of supply after a rebound to resistance levels (such as 0.053-0.055) before making a decision. The current risk-reward ratio is unclear; prioritize capital protection.
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【$PYTH Signal】Empty position + decline accompanied by abnormal open interest
$PYTH Price decline accompanied by high open interest, market logic suggests caution for long liquidation or main force distribution risk. Currently, there is no clear bottoming structure on the chart, and price action is relatively weak.
🎯 Direction: Empty position
Wait for the price to show clear buy absorption and structural reversal signals in the key support zone (such as 0.045-0.047), or for signs of supply after a rebound to resistance levels (such as 0.053-0.055) before making a decision. The current risk-reward ratio is unclear; prioritize capital protection.
Trade 👇 $PYTH
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