PYBOBO had a strong vertical expansion, then a brutal correction back into the original base. That looks bearish emotionally, but technically this is where the most important accumulation usually happens. Price is now sitting near the 0.00068–0.00070 demand zone, which is almost the same area where the previous move started.
The bullish case is based on compression. After the sharp drop, candles have become smaller and price is holding the same base instead of continuing to collapse. That shows sellers are losing pressure at the lows.
If PYBOBO reclaims 0.00075–0.00080, the first squeeze can start. Above that, 0.00092 and 0.00104 become the major upside levels. This is the type of setup where patience matters because the first reversal candle can change the whole structure.
#Fed rate cut expectations rise
#Trump defends crypto earnings
#Trump's crypto income tops real estate
