Here is your professional and structured technical analysis post for the shared PYTH chart:
$PYTH USDT – BULLS PUSHING UP BUT STRUGGLING BELOW MA60!
PYTH is trading at $0.1053, up +6.90%, but still holding slightly below its MA60 at $0.1054. This shows that while bulls are attempting to regain control, they need a strong breakout above the MA60 for a confirmed trend reversal.
🟢 Trade Setup (Long Entry):
Entry Zone: $0.1050 – $0.1060
Targets (TP):
➤ TP1: $0.1080
➤ TP2: $0.1100
Stop Loss (SL): $0.1030
📊 Market Outlook:
With 55.60% buy pressure, the market shows a slight bullish sentiment, but strong resistance at MA60 could trigger quick rejections. Traders should wait for a clear break and retest above MA60 to ensure safe entries for continuation plays.
💡 Risk Management:
Always risk only 1-2% per trade with a strict SL to protect your account in fast volatility setups.
#PYTH #PYTHUSDT #BullishSetup ##CryptoTrading #CryptoExport01
buy and trade here on $PYTH
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