$PYTH is showing strong recovery momentum after holding the $0.1600 support zone firmly. Bulls are attempting to regain short-term control, signaling potential upside toward $0.1724 if volume sustains and price maintains above intraday support.
Trade Setup:
Entry Zone: $0.1600 – $0.1635
Target 1: $0.1680
Target 2: $0.1700
Target 3: $0.1724
Stop Loss: $0.1574
The price structure suggests the completion of a small correction phase with a clean breakout attempt forming. Momentum indicators point to growing buyer strength — holding above $0.1600 keeps the bullish case valid for continuation.
