Binance PYTHUSDT 2h Trend Prediction

PYTHUSDT in the previous trading cycle experienced a sharp upward surge followed by a high-level pullback. Currently, the center of gravity is stable within the 0.17-0.18 range. The K-line chart shows that after high-level turnover, the price consolidates and stabilizes. The upper and lower bands of the Bollinger Bands are slightly expanded, with the price located at a mid-to-high level but without a confirmed break above or below. This indicates a tendency toward consolidation and sideways movement. The price fluctuates around the MA5-20 moving averages, with limited short-term bullish advantage. The MACD remains slightly contracting, with moderate trading enthusiasm. The data from the bulls and bears show that funds and large holders are still optimistic, but the active buying advantage is limited, indicating signs of weakening momentum. The RSI oscillates around 50 across multiple intervals. The bulls have not sustained strength, and there are no overbought correction signals, reflecting a market with a strong wait-and-see sentiment. Although the KDJ J value is high, the simultaneous strengthening of K and D is not obvious; the oscillation component exceeds the trend component. Support levels are in the 0.146-0.170 range; resistance levels are at 0.186-0.195. The expected movement within the next 2 hours will mainly be oscillations. Without continued large-volume fund inflows or significant news driving the market, it is unlikely to break through the upper or lower limits of the range. Overall, it is recommended to avoid chasing or selling short-term movements; stay alert for a breakout of the range. A cautious approach can be taken by referencing the 0.170-0.186 range for low buy and high sell operations, while being alert to further declines if the price falls below this range.