📊 $PYTH /USDT – Explosive Breakout Alert!
The chart shows a massive surge in $PYTH, where price rocketed from the consolidation zone around 0.1200 straight to highs of 0.1710, marking a sharp +45% intraday rally. This vertical move is backed by strong trading volume, confirming aggressive buyer dominance.
Support Zone:
First support now sits around 0.1600, the level where price paused briefly after the spike.
A deeper pullback could test 0.1450 – 0.1500 zone, which aligns with previous price structure before the breakout.
Resistance Zone:
Immediate resistance is at 0.1710 (24H high).
A breakout above this could open room toward 0.1800 – 0.1850 levels.
Entry Strategy:
Traders should avoid chasing the top. Best approach is to look for a retracement back toward 0.1600 – 0.1620 for safer entries, with a stop loss below 0.1450.
This breakout signals strong bullish momentum, but managing risk is key after such a vertical pump. If price consolidates above support, continuation to new highs is highly possible. 🚀
Would you like me to also turn this into a signal-style trade setup (with Entry Zone, TP1, TP2, TP3, SL listed vertically with 🎯 emojis) for your audience?
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