$PYTH 24 🇭 🇴 🇺 🇷 🇸 🕐

/USDT Analysis (Current Snapshot)*

- *Current Price*: 0.2511

- *Price Change*: +22.73

- *24h High*:0.2517

- *24h Low*: 0.2007

- *Volume*: *15.44M USDT*

*Technical Indicators*:

- *MA(7)*: 0.2374 (Short-term moving average, showing strong bullish momentum)

- *MA(25)*: 0.2268 (Intermediate-term moving average, confirming the uptrend)

- *MA(99)*: 0.2127 (Long-term average, still lower but showing upward movement)

*Chart Pattern*:

- *Strong Bullish Momentum*: The price is well above all key moving averages, confirming an ongoing strong upward movement.

- *Green Candles*: Multiple large green candles suggest significant buying pressure, which points to a continuation of the upward trend.

*Support Resistance*:

- *Support Levels*:

- *0.2332* (Recent low and MA(7) level)

- *0.2228* (MA(25) support)

- *Resistance Levels*:

- *0.2517* (24h High, immediate resistance)

- *0.2541* (Next resistance zone)

*Strategy*:

- *Entry*: Consider entering if the price dips back to *0.2332* (support near MA(7)) or *0.2268* (support near MA(25)).

- *Target (Take Profit)*: The immediate target would be *0.2517*, the recent 24h high. If the price breaks through this, *0.2541* could be the next resistance level.- *Stop Loss*: A good stop loss would be just below *0.2228*, protecting against a larger pullback.

*Bullish Confirmation*:

- A break and hold above *0.2517* would further confirm the bullish trend, potentially leading to a move towards *0.2541*.

*Bearish Scenario*:

- If the price fails to hold above *0.2332* or *0.2268*, we could see a deeper pullback. However, the strong bullish momentum makes this unlikely unless a broader market correction happens.

*Pro Tip*:

- *Volume*: Keep an eye on volume during a breakout above *$0.2517*. A strong volume surge would indicate the potential for further price increase. Low volume breakouts might lead to false signals.#BinanceAirdropAlert #TradeFiRevolution #Write2Earn #Signal #OFFICAL