🚨 $PYTH Setup 🚨
🎯 Targets:
TP1: $0.1460 🎯
TP2: $0.1490 🎯
TP3: $0.1510 🚀
📈 Technical Analysis:
$PYTH is showing signs of a strong recovery, bouncing from the intraday low of $0.1329 and reclaiming bullish momentum. It's currently approaching the $0.1489 resistance zone, and a breakout above could initiate a sustained move higher. RSI on the 1H chart is bullish, suggesting continuation potential.
🔑 Key Support/Resistance Zones:
Support: $0.1360
Resistance: $0.1489
Monitor these zones for retest opportunities with favorable risk-to-reward setups.
📊 Volume Insight:
Volume is increasing steadily as bulls gain confidence. A breakout accompanied by a volume surge above $0.1489 would validate bullish continuation toward the final target.
⚠️ Risk Management Tip:
Place a stop-loss just below $0.1360 to cap downside risk. Secure profits as targets are hit, especially in volatile momentum-driven environments.
#PYTH #CryptoSignals #BreakoutWatch
🚀📶
$PYTH
📌 Disclaimer:
This setup is based on my personal analysis and insights from verified, experienced traders I follow. Shared for educational purposes. All trades carry risk, and patience is essential for success.