$PYTH spent several candles building a base around 0.0330–0.0340, and once sellers were absorbed, buyers stepped in aggressively. The breakout wasn't a single wick—it was backed by consecutive bullish candles that pushed price straight into fresh highs near 0.0385, showing real momentum rather than a short-lived pump.
Setup:
Entry: 0.0372 – 0.0378
Target 1: 0.0395
Target 2: 0.0415
Target 3: 0.0440
Stop-loss: 0.0358
RSI is above 80, so I wouldn't chase extended candles here. The better trade is seeing 0.0370 hold on any pullback. If bulls defend that level and reclaim 0.0385 with volume, the next expansion can come fast as breakout buyers and momentum traders continue to add positions. Until the higher-low structure breaks, dips still look like buying opportunities rather than signs of weakness..
Trade #PYTH here
$VELVET $TAC
Setup:
Entry: 0.0372 – 0.0378
Target 1: 0.0395
Target 2: 0.0415
Target 3: 0.0440
Stop-loss: 0.0358
RSI is above 80, so I wouldn't chase extended candles here. The better trade is seeing 0.0370 hold on any pullback. If bulls defend that level and reclaim 0.0385 with volume, the next expansion can come fast as breakout buyers and momentum traders continue to add positions. Until the higher-low structure breaks, dips still look like buying opportunities rather than signs of weakness..
Trade #PYTH here
$VELVET $TAC