$PYTH TRIES TO REBOUND – BUT IS THIS JUST A DEAD CAT BOUNCE?
$PYTH/USDT just posted a minor lift off the $0.1364 low, climbing to $0.1376, but it’s still nursing a brutal -11.79% daily loss. The 15-minute chart shows bears remain dominant, yet bulls are staging a cautious recovery.
Key Levels to Monitor:
• Immediate Resistance Zone: $0.1390 – $0.1410 — Price has struggled to push past here.
• Support Range: $0.1340 – $0.1360 — Buyers stepped in here recently with some volume.
Scalp Setup – Short-Term Outlook
Entry Zone: $0.1370 – $0.1380
TP1: $0.1405
TP2: $0.1430
Stop-Loss: Below $0.1355
PYTH is trying to stabilize after a harsh drop, but momentum is still shaky. Watch the $0.1390 zone closely — if buyers break it cleanly, momentum could flip fast. But if not, another flush is on the table.