๐ *PYTH is retesting a falling wedge breakout* โ a classic bullish pattern!
๐ฐ *Current Price: 0.103*
๐ *Whatโs happening:*
- PYTH broke out of a *falling wedge*, a pattern that typically signals a *trend reversal* to the upside.
- It's now *retesting* the breakout zone, which is a *healthy and expected move* before continuation.
๐ง *Why it matters:*
- A successful retest confirms *buyer strength* and clears the path for a new leg higher.
- Volume and momentum indicators will be key โ if they rise on the bounce, upside continuation is likely.
๐ *Next upside targets:*
If support holds at this retest zone, PYTH could aim for *key resistances*, with room for a **15โ30
โ ๏ธ *Watch for:*
- Volume confirmation ๐
- No breakdown below0.10 ๐ซ
- Bitcoin stability to support alt moves ๐ช
๐ฅ *Bullish retests like this are often strong entry zones when confirmed*. Keep a close eye!