đ© $PYTH - Update
*Trend: H4 and D1 remain bearish đ»đ„
*Structure: likely a corrective leg on D1 before the next big move; shortâterm PA = neutral but sitting on fragile support đĄ
đĄïž Supports / magnet levels
$0.1310 âą $0.1240 âą $0.1180
Critical: D1 close < $0.1180 = risk of deeper downside đ
𧱠Resistances to reclaim
$0.1460 âą $0.1550 âą $0.1600 âą $0.1720
đș Bull case
Reclaim and hold above $0.1460 â momentum can extend to $0.1550 â $0.1600 â $0.1720.
đ» Bear case
Lose $0.1310 â $0.1240 â $0.1180 magnets. A D1 breakdown below $0.1180 would invalidate longs and open further downside.
đŻ Trading notes
Without clear buy pressure, holding longs is risky here. Wait for confirmation (D1 reclaim > $0.1460) or buy the retest of supports only with tight risk. #DYOR
Short term is rangeâlike; avoid chasing midârange entries.
đĄMy personnal tips:
Bearish bias is now confirmed medium term --> Safer play may be to short resistances rather than chasing long positions.
Valid for most of #alts .
Also, keep in mind that's a good period to accumulate for the long term play! đ
