Pythusdt

$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

The cryptocurrency market is experiencing a resurgence in bullish momentum, with Bitcoin ($BTC ) surging by 2.56% to reclaim the $105,000 mark. This upward movement has sparked notable rallies among major altcoins, including Sei ($SEI ) and Pyth Network ($PYTH ), both of which are displaying significant gains.
Both tokens are approaching critical resistance levels after breaking out of falling wedge patterns, which are generally regarded as bullish formations. This suggests that further upward price action could be on the horizon.
Sei (SEI) Technical Analysis
Currently trading at $0.32, SEI is approaching a pivotal point within its falling wedge pattern. The token recently found support near the $0.2970 mark, which aligns with the lower boundary of the wedge, further supporting the potential for a bullish reversal.
Key Technical Levels:
Resistance: The immediate resistance level is located at the 25-day Simple Moving Average (SMA). A successful breakout and retest of this level could push SEI toward subsequent resistance targets at $0.43 and $0.48, indicating a potential upside of 47% from its current price.
Momentum Indicators: The MACD (Moving Average Convergence Divergence) is displaying early signs of bullish momentum, further strengthening the case for a potential breakout.
Pyth Network (PYTH) Technical Analysis
Likewise, PYTH is nearing the upper boundary of its falling wedge pattern, with the token currently priced at $0.28. PYTH recently found support at around $0.26, coinciding with the wedge’s lower boundary, reinforcing the possibility of upward movement.
Key Technical Levels:
Resistance: A breakout beyond the 25-day SMA could pave the way for a move towards resistance levels at $0.37 and $0.40, offering a potential upside of 41%.
Momentum Indicators: The MACD indicator is beginning to turn positive, signaling a potential shift in momentum toward a bullish trend.
Market Outlook
As both SEI and PYTH approach key resistance levels, traders should closely monitor these zones for potential breakouts. The continued strength of Bitcoin could act as a catalyst for further upward movement in the altcoin market. However, should resistance levels hold, short-term pullbacks could occur before another attempt at higher prices.
As always, traders are advised to exercise caution and consider broader market conditions when making investment decisions.
#SEİ #PYTHUSDT #XRPETFIncoming?