🚩 $PYTH - Update *Trend: H4 and D1 remain bearish 🔻 *Structure: likely a corrective leg on D1 before the next big move; short‑term PA = neutral but sitting on fragile support 🟡 🛡 Supports / magnet levels $0.1310 • $0.1240 • $0.1180 Critical: D1 close < $0.1180 = risk of deeper downside 🔔 🧱 Resistances to reclaim $0.1460 • $0.1550 • $0.1600 • $0.1720 🔺 Bull case Reclaim and hold above $0.1460 → momentum can extend to $0.1550 → $0.1600 → $0.1720. 🔻 Bear case Lose $0.1310 → $0.1240 → $0.1180 magnets. A D1 breakdown below $0.1180 would invalidate longs and open further downside. 🎯 Trading notes Without clear buy pressure, holding longs is risky here. Wait for confirmation (D1 reclaim > $0.1460) or buy the retest of supports only with tight risk. #DYOR Short term is range‑like; avoid chasing mid‑range entries. 💡My personnal tips: Bearish bias is now confirmed medium term --> Safer play may be to short resistances rather than chasing long positions. Valid for most of #alts . Also, keep in mind thats a good period to accumulate for the long term play! 💎
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.