🚨 $PYTH /USDT Breakout Watch 🚨
Current Price: $0.1636
24H High: $0.1700
24H Low: $0.1619
24H Volume: 135.47M PYTH / 22.35M USDT
Exchange: BINANCE
Sector: Infrastructure | Oracle
24H Performance: +0.80%
💡 Breakout Outlook:
PYTH is holding steady near the top of its intraday range after testing resistance at $0.1700. The price action is compressing below key levels, showing signs of coiling — a potential signal for volatility expansion.
With strong infrastructure fundamentals and oracle relevance, $PYTH is building a bullish continuation pattern that may ignite if volume surges through resistance. Keep an eye on the $0.1714 – $0.1766 breakout zone.
🎯 Bullish Targets:
1. Target 1: $0.1780 – Immediate breakout and momentum trigger
2. Target 2: $0.1885 – Recent high and liquidity magnet
3. Target 3: $0.2050 – Macro-level resistance and extension target
🔍 Support Zones to Watch:
Local support: $0.1619 – $0.1645
Consolidation base: $0.1579 – $0.1600
Deeper structure: $0.1512 – $0.1460
📊 Technical Bias:
Bullish compression visible on 1H / 4H
RSI neutral with upside potential
Gradual increase in volume — breakout confirmation pending
Break above $0.1714 could trigger rapid upside toward targets
🕒 Monitor Timeframes:
15m / 1h / 4h / 1D
Watch for sustained volume and candle close above $0.1714 for confirmation. Momentum will likely accelerate toward upper resistance zones on breakout.
#PYTH #PYTHUSDT #OracleNetwork #Binance #DeFiOracles
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