š PYTH / USDT ā Short Trade Signal š¦
Support Under Threat ā Bearish Momentum Building ā ļøš
$PYTH s under intense selling pressure, repeatedly failing to break above the $0.1640ā$0.1660 resistance zone. Price has now slipped to the $0.1628 region, showing clear signs of weakening bullish support. A break below $0.1620 could trigger a sharp move toward lower support levels.
š Trade Setup
Entry Zone: $0.1625 ā $0.1635
Stop Loss: $0.1665
Leverage (Optional): 3x ā 6x
Risk Margin: 2ā3% of wallet
šÆ Take Profit Targets
TP1: $0.1610
TP2: $0.1590
TP3: $0.1580
š Market Outlook
The short-term structure favors sellers, with consistent rejections at resistance and a downward tilt in momentum. Unless $PYTH claims and holds above $0.1640 with strong volume, the bearish trend is likely to continue. A clean break below $0.1620 opens the door to deeper downside targets.
š Trade $PYTH on your favorite platform and take advantage of the current bearish setup.
