$PYTH /USDT PREPARING FOR A BULLISH CONTINUATION
Market Overview
PYTH is trading around 0.0650, holding above the Supertrend (10,3) at 0.0622, which keeps the short-term structure bullish. Price has bounced strongly from recent lows and is consolidating just below key resistance—often a sign of a potential breakout if volume supports the move.
📊 Important Levels
Current Price: 0.0650
Support Zones
0.0640 – Immediate intraday support
0.0622 – Supertrend support (key bullish invalidation level)
0.0607 – Strong demand zone
Resistance Zones
0.0664 – Near-term resistance
0.0683 – 0.0689 – Major resistance & breakout zone
🎯 Trade Setup (LONG – Bullish Bias)
Entry: 0.0645 – 0.0652
Stop-Loss: 0.0618 (below Supertrend & structure)
Targets:
TP1: 0.0664
TP2: 0.0683
TP3: 0.0700 (only if strong breakout & volume expansion)
Risk management is key—trail your stop as targets are hit.
🚀 Final Thought
The trend is your friend, and right now PYTH is showing strength above key support. Stay disciplined, respect your levels, and let the market do the heavy lifting. Small, consistent steps forward build long-term success—keep learning, stay patient, and trade smart. 💪📈