$PYTH

CHART OVERVIEWOVERVIEW

๐Ÿ“Š Technical Analysis

Current Price Action

Price: $0.2001

24h High: $0.2082

24h Low: $0.1481

24h Volume: $40.34 million

๐Ÿ“ˆ Trading Strategy

1. Breakout Strategy

Entry: Enter a long position if PYTH/USDT breaks and closes above $0.2082 with strong volume.

Target: $0.2200 and $0.2300.

Stop-Loss: Place a stop-loss order at $0.1481 to limit potential losses.

โš ๏ธ Risk Management Tips

Position Sizing: Risk no more than 2% of your trading capital on a single trade.

Risk-Reward Ratio: Aim for a minimum risk-reward ratio of 1:2.

Regular Monitoring: Keep an eye on market news and events that could impact PYTH/USDT's price action.