$PYTH $PYTH $PYTH
PYTH/USDT Analysis ๐ ๐ ๐
Pattern: Falling Wedge Breakout Incoming?
PYTH is currently performing within a falling wedge โ a classic bullish reversal pattern!
๐ After weeks of downtrend, price is now testing a key breakout zone.
โ ๏ธ A minor rejection here could lead to a double bottom setup before a strong move up!
Support & Resistance Levels:
๐น Resistance: 0.2237, 0.1748
๐น Immediate Support: 0.1392
๐น Strong Support: 0.1137, 0.0606
Breakout confirmation above 0.15 could open gates to 0.22+, but watch for volatility! ๐ฅ
Will PYTH break the wedge and fly, or retest support for a double bottom?
Let us know your thoughts below!
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