📡 $PYTH Next Move — Oracle Breakout or Bearish Breakdown?
$PYTH is trading around $0.135, fueled by real-time ETF price feeds and Solana‑backed oracle momentum. But is the trend strong enough to rally—or is a fall looming?
🟢 Bullish Case:
4‑hr & daily MAs turning bullish — 50 MA trending up, 200 MA rising since July 13
Technical Buy signals dominate — 15 indicators show Buy vs 3 Sell
Strong fundamentals — Pyth is first oracle delivering live ETF price feeds on‑chain, covering $8 trillion AUM
Key levels:
Support = $0.12–$0.125 Resistance = $0.145–$0.15
⚠️ Bearish Risk:
Price prediction tools see ~‑18% downside to ~$0.10 by mid‑July
RSI overbought near 70 — expect short-term correction or consolidation
🎯 Trader Strategy: ( Its Analysis Trade your own Risk )
✅ Bullish entry: Buy on pullback into $0.125–$0.13, add on clear break above $0.145
❌ Stop-Loss: Set below $0.12 support
🏁 Targets: Take profit at $0.15, trail to $0.17+ if momentum holds
“PYTH’s oracle edge is unique — but only disciplined buyers win the breakout.”
#PYTHAnalysis #CryptoTrading #Binance #OracleTech #Write2Earn
