💥 $PYTH
USDT BEARISH PRESSURE BUILDING – CAN IT HOLD ABOVE 0.1060?
The current price action on $PYTHUSDT is showing consistent lower highs and lower lows on the 15m chart, indicating bearish momentum after a sharp rejection from today’s high.
🔑 Key Levels:
Resistance: $0.1100 – $0.1120
Support: $0.1060 (immediate), $0.1040 (strong support below)
Current Price: $0.1067
📊 Trade Setup (Short Bias):
Entry Zone: $0.1070 – $0.1080
Take Profit (TP):
TP1: $0.1060
TP2: $0.1045
Stop Loss (SL): $0.1092
📉 Market Outlook: The trend shows continuous selling with minor relief bounces. Unless price breaks above $0.1100 resistance with strong volume, bears remain in control targeting deeper levels below $0.1060 in the short term.
⚠️ Risk Management: Always use calculated position sizing, maintain max 1-2% risk per trade, and avoid revenge trades if invalidated.
💬 Comment 🔻 if you think bears will push it further down today.
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buy and trade here on $PYTH