$PYTH /FDUSD SHOWING STRONG SUPPORT AS BULLS PREPARE FOR A POSSIBLE REVERSAL

PYTH is currently trading around 0.0705, holding firmly above its lower support zone. Although the price has pulled back from recent highs, buyers are defending key levels, suggesting a potential bullish reversal if resistance levels break.

Key Levels

Immediate Support: 0.0705 – 0.0663

Major Support: 0.0751 (previous breakdown), 0.0663 (strong base)

Immediate Resistance: 0.0751 – 0.0866

Major Resistance: 0.0980 – 0.1095

Upper Resistance: 0.1183 – 0.1210

With price sitting at 0.0705, PYTH is in a demand zone. A bounce from here can trigger upward movement toward the mid-level resistances.

📈 Trade Setup (Long Setup)

Entry: 0.0700 – 0.0710

Take-Profit Targets:

TP1: 0.0751

TP2: 0.0866

TP3: 0.0980

Stop-Loss: 0.0660

Why Long?

Price is resting at a key support level with historically strong buying interest. Risk-to-reward remains favorable for a bounce setup.

🌟 Positive Message

Every market dip carries the seed of the next opportunity. Stay focused, stay confident, and trust your journey—your next breakthrough is ahead!