Mithat Can Kartlaşmış 
PYTH managed to break above the 0.44 resistance and achieved a solid rise up to 0.61 price with good news. Although there is a pullback now, it has risen to 0.4868 prices with the reaction it received from the 0.4540 levels.
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The scenario on the chart looks positive and has reacted by making the old resistance level support. In addition, the gaps created with the decline were also closed and there is currently a positive scenario for the rise.
Another important indicator for PYTH is the money flow. The money flow in PYTH is provided by people who continue to make strong purchases in the spot market to stake. This supports the upward movement of the price. If such airdrop news continues, it is quite likely that we will see a new attack on PYTH in a short time.
PYTH Chart Analysis
If this momentum on PYTH continues, it is likely to reach $1 price after a while.
There are also positive signals from the indicators. Stochastic RSI (Stoch RSI) is showing an upward movement and RSI is also in a positive state, showing an upward trend. If both indicators continue to show positive signals in this way, we may see another increase in PYTH.
Although there is no significant accumulation on the liquidation map, a small amount of liquidation has accumulated in the 0.45 price band. This shows that this level is attractive for buyers on the chart. However, this accumulation is not large enough to cause a negative scenario for PYTH. Positive scenarios will continue to dominate in closings above 0.44.
When we look at the Long/Short ratios, while Short positions were dominant yesterday, Long positions are dominant today. If the weight gain of the small incoming long positions continues to support the money flow, this situation will create a positive scenario and provide a positive atmosphere for the rise.
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