$PYTH /USDT BEARISH PRESSURE BUILDING – PRICE STRUGGLES TO HOLD ABOVE SUPPORT
PYTH/USDT is showing weakness as price pulls back from the recent high of 0.0953 and trades around 0.0923. The chart indicates lower highs and consistent selling pressure near resistance levels. If the 0.0915–0.0920 support zone breaks, the pair could slide further toward lower support levels, confirming continued bearish sentiment.
🔹Trade Setup (Short Entry):
Entry: 0.0925 – 0.0930
Take Profit (TP):
TP1: 0.0915
TP2: 0.0905
Stop Loss (SL): 0.0938
🔹Alternative Long Setup (If Support Holds):
Entry: 0.0915 – 0.0920
TP1: 0.0935
TP2: 0.0948
SL: 0.0908
🔹Market Outlook:
Short-term market outlook remains neutral-to-bearish as sellers dominate below key resistance. Bulls need a decisive push above 0.0945 to regain momentum, while a breakdown below 0.0915 could accelerate further downside.
#PYTHUSDT #CryptoAnalysis #BearishTrend #PriceAction #AltcoinMarket $PYTH
