Technical analysis by Mike-BTD about Symbol PYTH: Buy recommendation (1/1/2026)

PYTH is still in a broader downtrend, but selling pressure is clearly fading. Price has compressed into a tight base, showing signs of absorption rather than panic selling. Momentum is curling up from oversold, and recent lows aren’t getting follow-through. That often happens before a relief move. The key test is a reclaim of short-term averages. If that happens, the next challenge sits at the prior range highs above. Lose the base, and the trend continues lower. This is a patience zone, not a breakout yet, but no longer one to ignore.