Pythusdt

$PYTH

📌 Technical Overview:

After nearly 8 months in a strong downtrend, PYTH/USDT is now showing signs of a potential trendline breakout. Price action is testing a critical descending resistance that has been respected since late 2024. This could be the turning point for a major trend reversal.

📉 Historical Context:

PYTH reached a high of $0.55, followed by a consistent downtrend with a series of lower highs and lower lows.

Since June 2025, however, the structure has shifted to higher lows, signaling early accumulation and waning bearish momentum.

📐 Technical Pattern: Descending Trendline Breakout

Price is currently challenging a long-term descending trendline, which has held as resistance since November 2024.

The pattern resembles a falling wedge/descending triangle breakout, typically viewed as a bullish reversal pattern.

A recent bullish candle is attempting to break above the $0.13 level, indicating growing momentum.

🟩 Bullish Scenario: The Reversal is On

If price closes above $0.13–$0.14 and confirms the breakout:

1. Short-Term Targets:

🔼 $0.1736 (Minor resistance / previous demand zone)

🔼 $0.1952 (Breakout retest zone)

2. Mid-Term Targets:

🔼 $0.2457 (Strong consolidation area)

🔼 $0.3196 – $0.3912 (Pre-breakdown range highs)

3. Long-Term Target:

🔼 $0.5258 – $0.5533 (Previous market top)

> A successful breakout could trigger a rally of +200–300%, especially if supported by market-wide bullish sentiment.

🟥 Bearish Scenario: Fakeout Risk

If price fails to hold above the trendline and drops below $0.12:

Support zones to watch:

🔽 $0.1000 (psychological level)

🔽 $0.0860

🔽 $0.0807 (major bottom support)

This would indicate a bull trap, and the market could return to a distribution phase.

🔍 Additional Confluences:

RSI is rising toward 60–65, suggesting bullish momentum is building.

Volume is increasing near the breakout — a good sign of trader interest.

A Golden Cross (EMA 50 crossing EMA 100) could occur soon if upside holds.

✅ Conclusion: Critical Pivot Zone

PYTH is testing a major inflection point. If confirmed, this breakout could end the long-term downtrend and launch a new bullish cycle. A rejection here, however, keeps the bear case alive.

#PYTHUSDT #PYTHBreakout #CryptoAnalysis #AltcoinSetup #TechnicalAnalysis

$PYTH

PYTHUSDT – Daily Bullish Divergence + Trendline Break | Structure Shift In Play 🔄🚀
What’s up traders 👋
PYTH is showing major signs of reversal on the daily chart — and this isn’t just a one-signal wonder. We’ve got a bullish divergence plus a clean trendline break, which together make a strong case that the downtrend is done (or very close to it).

📈 Bullish Divergence – Momentum Is Turning
Price has been making lower lows

RSI is making higher lows
That’s classic bullish divergence — meaning sellers are still pushing the price down, but the momentum behind the move is fading fast.

This is the kind of setup that often precedes a reversal — especially on a higher timeframe like the daily.

📉 Daily Trendline Break – Structural Confirmation
While divergence gives us a heads-up, the daily trendline break is confirmation. That descending resistance has been holding price down for a while — but not anymore. We’ve got:

A strong breakout candle

Volume rising with the break

Price holding above the broken trendline — flipping resistance into support

That’s exactly what you want to see when momentum shifts.

🎯 What Comes Next?
Watch for a retest of the broken trendline — that would be an ideal entry zone

Look for bullish candles forming above support

Targets can be layered around prior structure levels — let price guide the path upward

🔥 Final Take
This isn’t a meme or hype setup — it’s a technical structure shift backed by momentum divergence. When these two line up on the daily, smart money usually pays attention.

💬 In or waiting on a retest? What’s your PYTH game plan?
Drop your chart or comment below — let’s talk setups!

#PYTH #PYTHUSDT #BullishDivergence #TrendlineBreak #CryptoSetup