🔍 $PYTH Technical Analysis – Time to Enter or Exit?

📅 Date: July 26, 2025
💰 Pair: PYTH/USDT
📈 Current Price: ~$0.1307
📊 24h Change: +4.2%
📦 Volume: $23M+
📊 Chart Breakdown

$PYTH recently broke above a long‑term descending trendline that had been in place since late 2024—classic falling wedge or descending triangle territory, often a bullish reversal structure. Since June, price action has shifted to forming higher lows, indicating weakening bearish momentum. The breakout above the wedge, supported by volume, suggests a potential transition into an accumulation phase. A bullish engulfing candle and ascending triangle formation around $0.13–$0.1345 further confirm rising momentum.

Support Zone: $0.125–$0.128, especially around $0.130–$0.1307 AInvestAInvest

📈 Indicators Flash Bullish

Volume Spike: Increasing buying volume adds breakout confirmation

MACD: Flipping bullish across intraday and swing frames

RSI: ~60 — healthy and not yet overbought

OBV: Subtle bullish divergence since mid-July

Moving Averages: 20/50 EMA cross bullish on short-term charts

Resistance Levels (Targets):

Immediate: $0.1345–$0.1370 (recent breakout zone)

Mid-Term: $0.1480–$0.1600

Long-Term: $0.195–$0.246 → $0.319–$0.392 and potentially re-testing ATH near $0.55

IMPORTANT: Watch how price behaves at the breakout zone—failure to hold support could invalidate the setup. A stop-loss below ~$0.128 may help manage risk.