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$PYTH - Token Analysis:
🚨 A major token unlock is scheduled! For 2026: 2.13B (21.3% of the maximum supply) ~ $123.22M (37% of market capitalization)
Technical forecast:
A quite bearish chart, almost all timeframes are bearish with a strong daily downward trend 📉
Short-term:
A spike is possible if the $0.0570 level holds (inverse H&S configuration). 📈?
But overall, H4 = downward configuration, without major support.
Without a bullish breakout of the downtrend, the price may continue to fall 📉
Expecting a major token unlock + lack of demand, the price may stay in the red zone for some time!
⚠️ This is not financial advice.
#altcoin #pyth $PYTH