PYTH/USD: Daily Order Block Test Ahead of Wave C Revisit

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PYTH/USD: Daily Order Block Test Ahead of Wave C RevisitPyth Network / US DollarCOINBASE:PYTHUSDSmellyTazPyth Network (PYTHUSD) is demonstrating a notable bullish market structure shift on the daily timeframe following a macro liquidity sweep at Wave B. The subsequent strong impulse upward broke key resistance levels, confirming that buyers have stepped in to drive a broader corrective expansion phase. Price is currently retracing from recent swing highs, testing a critical Support & Resistance (S&R) flip zone. Just below this immediate level lies a prominent daily Order Block in confluence with the Weekly Control Level (WCL). This demand cluster represents an optimal discount zone where institutional buy-side liquidity is expected to be absorbed before initiating the next leg up. If the Order Block holds and maintains structural integrity, the projected path points toward a Wave C expansion aiming for the ABC Target supply zone higher up. Conversely, a clean breakdown below this demand zone would invalidate the immediate bullish thesis, signaling a broader consolidation phase. Watch for lower-timeframe confirmation within demand before anticipating continuation.