pyth

PYTH is now trading at a critical turning point, hovering right above the major demand zone at 0.100–0.089 USDT (yellow block).
This area has acted as a strong defensive wall for buyers several times in the past.
However, persistent lower highs under the descending trendline are showing strong selling pressure, forming a descending triangle pattern — a classic sign of market compression before a major move.

As volume gradually declines, the chart suggests that energy is building up for a breakout or breakdown.
The next move from this structure will likely define PYTH’s direction for the next few weeks.


---

🟢 Bullish Scenario

Key condition: Breakout and 12H candle close above the descending trendline and 0.120 USDT, ideally with strong volume confirmation.

Once confirmed, PYTH could start reversing its structure with the following upside targets:

🎯 Target 1: 0.140 (nearest resistance)

🎯 Target 2: 0.165 (previous supply zone)

🎯 Target 3: 0.231–0.250 (major resistance / previous high)


As long as price holds above 0.100, the structure remains valid for a potential bullish reversal.

Suggested stop-loss: below 0.095 (or based on personal risk tolerance).


💬 “A breakout above the trendline could be the first signal of a major reversal. Volume confirmation is key.”


---

🔴 Bearish Scenario

If the price fails to break above the trendline and instead closes below 0.089 USDT, bearish momentum could accelerate sharply.

A confirmed breakdown below this demand area might trigger a stop-loss cascade or panic selling, targeting:

⚠️ Target 1: 0.070

⚠️ Target 2: 0.050


This zone represents the last stand for the bulls — losing it could shift the market into a new bearish phase.


💬 “If 0.089 breaks, strong support becomes a dangerous resistance.”


---

⚙️ Technical Summary

Pattern: Descending Triangle

Strong Support Zone: 0.100–0.089

Bullish Trigger: 12H close above 0.120

Bearish Trigger: 12H close below 0.089

Market Condition: Price compression under pressure — a large directional move is likely approaching.


---

💡 Trader Insight

> “The longer price stays compressed under pressure,
the stronger the breakout potential becomes.
Direction is uncertain — but the storm is near.”


$PYTH

PYTH is now trading at a critical turning point, hovering right above the major demand zone at 0.100–0.089 USDT (yellow block).
This area has acted as a strong defensive wall for buyers several times in the past.
However, persistent lower highs under the descending trendline are showing strong selling pressure, forming a descending triangle pattern — a classic sign of market compression before a major move.

As volume gradually declines, the chart suggests that energy is building up for a breakout or breakdown.
The next move from this structure will likely define PYTH’s direction for the next few weeks.


---

🟢 Bullish Scenario

Key condition: Breakout and 12H candle close above the descending trendline and 0.120 USDT, ideally with strong volume confirmation.

Once confirmed, PYTH could start reversing its structure with the following upside targets:

🎯 Target 1: 0.140 (nearest resistance)

🎯 Target 2: 0.165 (previous supply zone)

🎯 Target 3: 0.231–0.250 (major resistance / previous high)


As long as price holds above 0.100, the structure remains valid for a potential bullish reversal.

Suggested stop-loss: below 0.095 (or based on personal risk tolerance).


💬 “A breakout above the trendline could be the first signal of a major reversal. Volume confirmation is key.”


---

🔴 Bearish Scenario

If the price fails to break above the trendline and instead closes below 0.089 USDT, bearish momentum could accelerate sharply.

A confirmed breakdown below this demand area might trigger a stop-loss cascade or panic selling, targeting:

⚠️ Target 1: 0.070

⚠️ Target 2: 0.050


This zone represents the last stand for the bulls — losing it could shift the market into a new bearish phase.


💬 “If 0.089 breaks, strong support becomes a dangerous resistance.”


---

⚙️ Technical Summary

Pattern: Descending Triangle

Strong Support Zone: 0.100–0.089

Bullish Trigger: 12H close above 0.120

Bearish Trigger: 12H close below 0.089

Market Condition: Price compression under pressure — a large directional move is likely approaching.


---

💡 Trader Insight

> “The longer price stays compressed under pressure,
the stronger the breakout potential becomes.
Direction is uncertain — but the storm is near.”

#PYTH #PYTHUSDT #Crypto #TechnicalAnalysis #DescendingTriangle #Breakout #SupportResistance #CryptoChart #PriceAction #AltcoinSetup

✅ Trade here on $PYTH