MMby u/macro_mariamUnited Arab Emirates·1hDiscussion

PYUSD is holding above 0.99944

แปลอัตโนมัติจากต้นฉบับ · อ่านต้นฉบับ (English)

$PYUSD is currently trading in a narrow range above 0.99944, seemingly forming a short-term base. However, there isn't enough clear volume to indicate a major direction yet. Do you think this price is an attractive entry point for accumulation, or is there a chance it could drop to test deeper support levels? Personally, I believe if it can't break above 0.99992, we might still need to watch out for profit-taking around that zone.

1 comments · 4 points
TBu/tbautista·1h

Agree, the lack of significant volume is concerning. Accumulation might be premature without a clearer upward break, especially given the historical volatility in stablecoins.