$0.0335 support limits Pyth slide to new lows

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Pyth slides 7.41% today to $0.035

Highlights

Cardano integrated Pyth Network, granting developers one year of free Pro price feeds to enhance DeFi ecosystem capabilities.
Despite this major oracle integration, Cardano’s token continues to experience selling pressure, suggesting limited short-term price impact.
PYTH/USD remains under strong bearish momentum, trading below key moving averages, with a next 2–3 day range of $0.0335–$0.0365 and high risk of further downside.

Cardano integration expands Pyth’s DeFi reach amid selling pressure

On June 18, 2026, Cardano integrated Pyth Network to provide developers with free access to Pro price feeds for a year, according to Thecoinrepublic. This integration expands Pyth's presence within Cardano's DeFi ecosystem, offering new tools to developers and potentially increasing adoption of its oracle services. Despite the added ecosystem utility, price action has remained under broader selling pressure.

Bearish momentum persists as technical indicators confirm volatility

Technically, PYTH/USD trades below the MA-20 at $0.0363 and MA-50 at $0.0378 on the hourly chart, and remains under the MA-200 at $0.0508 on the daily timeframe. Immediate resistance aligns with the Ichimoku Kijun at $0.0367, while initial support is seen near $0.0335. On the H1 timeframe, MACD, ADX, Stoch RSI, and Awesome Oscillator all signal ongoing bearish momentum. RSI reads 33.2, and CCI and BBP indicate both oversold conditions and prevailing seller dominance, confirmed by high volatility and a close near intraday lows.

Limited upside seen as downside risk mounts below key support

Over the next 2–3 trading days, PYTH/USD is expected to trade within a typical volatility band of $0.0335 to $0.0365. The probability of an upward breakout is rated very low, while downside risk remains high if the $0.0335 support fails. The base scenario calls for continued sideways action within this range, while a move above $0.0367 would be needed to trigger a bullish scenario.

Viktoras Karapetjanc, Traders Union expert, sees the Cardano integration as a fundamentally positive step for Pyth’s long-term adoption prospects. However, he notes that current sentiment remains weak, with price action still dominated by bearish pressure and oversold conditions. Near-term technicals suggest a sideways or lower move dominates unless $0.0367 is reclaimed. He believes that macro and ecosystem catalysts will take time to influence flows. "Fundamental strength is building beneath the surface, but for now, buyers must remain patient until momentum shifts above resistance."

Previously it was reported that Pyth continued to face persistent selling pressure despite expanding its ecosystem on Cardano. The latest technical signals reinforce a bearish outlook, making the $0.0335 support zone especially critical for traders monitoring potential breakdown risk in the near term.

Source of Data: PYTH Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.