$PYTH

USDT BULLISH MOMENTUM – CAN IT HOLD ABOVE 0.1050 FOR THE NEXT LEG UP?

$PYTHUSDT has shown impressive bullish strength with a clean breakout above previous resistance levels on the 1H chart. The price is now 0.1073, consolidating after hitting a high of 0.1157.

🔑 Key Levels:

Support: 0.1050

Resistance: 0.1100 – 0.1150

Current Price: 0.1073

📊 Trade Setup (LONG):

Entry Zone: 0.1060 – 0.1075

Take Profit 1: 0.1100

Take Profit 2: 0.1130

Take Profit 3: 0.1150

Stop Loss: 0.1040

📈 Short Market Outlook: PYTH is displaying bullish continuation patterns with higher lows and strong volume spikes. If it sustains above 0.1050, we can expect an upward move towards 0.1100 – 0.1150 in the coming sessions. A break below 0.1050 may trigger a short-term pullback towards 0.1020.

⚠️ Risk Management: Keep your stop loss tight below key support (0.1040). Manage position size carefully, especially after quick breakout moves, to avoid capital drawdowns in volatile momentum trades.

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