$PYTH Bullish Reversal: Divergence + Trendline Break Confirmed
PYTHUSDT | Spot: $0.1865 (+0.53%)
Perp: $0.18641 (+0.58%)
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PYTH is lighting up the daily chart with one of the strongest reversal signals we’ve seen lately. This isn’t noise — this is structure shift in action.
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Why It Matters:
1. Bullish Divergence
Price made lower lows, but
RSI made higher lows
Classic daily timeframe divergence — sellers are weakening, momentum is flipping.
2. Trendline Breakout
A long-standing descending resistance has been broken cleanly
Breakout came with rising volume
Price is now holding above trendline = resistance flipped to support
This is confirmation that a trend reversal is in play.
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What To Watch:
Retest zone of the broken trendline – ideal entry point
Bullish price action above support = continuation likely
Upside targets will follow former structure levels (watch $0.21 – $0.25 zones first)
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The Verdict:
This setup isn’t hype — it’s textbook. Bullish divergence + trendline break on the daily means smart money is watching.
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Eyes on PYTH – structure has shifted, momentum is building, and the bulls are back.
