$PYTH /USDT Updated Technical Analysis

Current Price: $0.1206

24h Change: +4.78%

24h High / Low: $0.1243 / $0.1106

Volume (PYTH): 75.78M

Volume (USDT): 8.97M

Exchange: Binance

Category: Infrastructure

1D Timeframe Overview

Indicator Status

Price Structure Bullish Rebound Continuing

Support Levels $0.1180 → $0.1140 → $0.1100

Resistance Levels $0.1243 → $0.1285 → $0.1330

RSI Estimate ~61 — Mildly Bullish

MACD Bullish crossover confirmation

Volume Profile Sustained volume suggests healthy trend

Price Action Insights

Strong Recovery: Price continues to hold above the key $0.1180 support zone, showing buyers are defending well.

Breakout Watch: Still testing the $0.1243 resistance — this is a key level for confirming continuation toward higher targets.

Healthy Pullback: Small -0.25% dip intraday may just be a consolidation before another leg up.

Scenarios to Watch

Bullish Continuation

If PYTH closes above $0.1243 with strong volume, next targets:

$0.1285

Then $0.1330–0.1350

❌ Bearish Rejection

Failure to reclaim $0.1240 and breakdown below $0.1180 can lead to:

$0.1140 (next key support)

Possibly $0.1100 if sell-off extends

Strategy Suggestions (Not Financial Advice)

Style Entry Zone Target(s) Stop Loss

Breakout Above $0.1245 $0.1285 → $0.1330 Below $0.1200

Pullback Buy $0.1180–0.1140 $0.1240+ Below $0.1100

Scalp Range $0.1180–$0.1240 1–3% short swings Tight trailing SL

Would you like a 4H trend breakout setup or a weekly projection with Fib levels next?

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