$PYTH /USDT BEARISH PRESSURE BUILDS – RETESTING KEY SUPPORT ZONE!
PYTH/USDT is currently trading around 0.1629, showing weakness after rejection from the 0.1760 resistance. Price is leaning toward the 0.1600 support, and if this level breaks, further downside movement is likely. The bearish momentum is visible as sellers dominate after a failed push to higher levels.
Trade Setup:
Short Entry: 0.1630 – 0.1645
Targets (TP): 0.1600 / 0.1570
Stop Loss (SL): 0.1680
Market Outlook:
Unless PYTH reclaims 0.1700 with strong volume, the pair is likely to remain under selling pressure. A break below 0.1600 could trigger an extended correction.
