PYTH is in a bearish channel 📉 and the expert tells us EXACTLY where to buy so we don't get caught off guard!

My people, pay close attention because the famous analyst fatihcrypto1 dropped a bomb 💣 on X that is the roadmap for anyone keeping an eye on the Pyth Network token ($PYTH). The news is not that it went up or down, but that we have a detailed map of what to do right now.

The Technical X-Ray of PYTH: The Anguish Channel

Imagine that the price of PYTH is trapped in a dark tunnel, a "downward channel" that only goes down. That is what the analysis shows us: a structure where the peaks and valleys of the price are constantly narrowing.

What does this mean for you? That as long as we do not break the ceiling of that tunnel, the situation remains bearish. But here comes the important part: the analyst gives us the key coordinates, like a GPS:

  • Buying Point (Strong Support): You need to be hunting $PYTH between $0.11 and $0.15. This is the floor that, if it holds, is where the expert people are accumulating. Mark that zone! ✍️

  • The Red Line (Risk Zone): If the price falls below $0.11, be careful! 🚨 The expert recommends having a very clear Stop-Loss there. In the crypto world, not having a Stop-Loss is like driving without brakes. It's the number one rule of risk management.

  • The Golden Dream (Bullish Target): If PYTH has the strength to break above that bearish channel, the upside potential is enormous, with a target of $0.50. Note, this only happens if the market in general (read Bitcoin) is on our side.

The Real Impact: Data that is Worth Gold

This news goes beyond a simple chart. It directly affects us because PYTH is the engine of Pyth Network, a network that is becoming vital for Decentralized Finance (DeFi). Think of them as the ones providing real-time price data to all those lending and exchange platforms.

Why does it matter to you?

  1. Institutional Relevance: Pyth is not a garage project. Recently it partnered with giants like Revolut. More than 120 traditional financial institutions are already providing data. This gives it enormous seriousness and brutal growth potential if it can emerge from the tunnel.

  2. Volatility and Opportunity: We are in a moment of global nervousness due to regulations, and that affects all altcoins. That's why such detailed analysis is like gold dust. It tells us how to move in the storm, where to protect ourselves ($0.11-$0.15) and where the target is ($0.50).

In summary, it's not the time to buy blindly. It's time to be patient and strategic. There is a huge community (the Turkish have blind faith in this analyst!) that is following this same plan. The key is: to observe if PYTH breaks that bearish channel. If it does, the party of the rise could start. If not, we continue to accumulate cautiously at support.

And you? Are you ready to set the Stop-Loss or are you going to wait for PYTH to break to go all in? 🤔 Think about it carefully.

#PythRoadmap @Pyth Network $PYTH