$PYTH / USDT Breaking Through Daily High: Bullish Momentum Intensifies! 🔥🐍
$PYTH / USDT is displaying significant bullish strength on the 4-hour chart, currently trading at $0.1639 after surpassing its 24-hour high of $0.1641. The price has already surged by +13.03% today, indicating strong buying pressure and a clear upward trend.
The break above the daily high suggests that buyers are in control and are aiming for higher targets. Traders should watch for confirmation of sustained momentum above this level.
Key Levels to Monitor:
* Previous Resistance (now potential support): 0.1641
* Potential Target: Identify subsequent resistance levels and potential Fibonacci extensions for upside targets.
* Support: Monitor recent swing lows for potential pullback zones.
* Volume: Strong buying volume accompanying the breakout reinforces the bullish outlook.
Traders should observe if $PYTH / USDT can maintain its position above the 0.1641 level. A successful hold could signal further upward movement. Always practice responsible risk management.
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