PYTH is moving inside a descending channel on the 12H timeframe. It is currently sitting on the support zone. Consider buying a small bag here and another near the $0.0807 support level in case of a deeper dip.
If we get a successful bounce, the short-term target is:
๐ฏ $0.1022
And if the price breaks out above the channel, the potential upside targets are:
๐ฏ $0.1127
๐ฏ $0.1212
๐ฏ $0.1297
๐ฏ $0.1417
๐ฏ $0.1571
โ ๏ธ Always remember to use a tight stop-loss and maintain proper risk management.
โ
Trade here on $PYTH
PYTHUSDT
Perp
0.08332
-5.38%