$PYTH REJECTED AT RESISTANCE – SHORT BIAS INTACT 🔥
Entry: $0.0387 – $0.0393 🔥
Target: $0.0375 🚀
Stop Loss: $0.0408 ⚠️
The rejection from the $0.0393 supply zone confirms seller aggression after a sharp rally. Price failed to break above the prior swing high, leaving a liquidity void below that often fills fast.
Volume spiked on the rejection candle and the 1H RSI has dipped below 50 — typical early momentum shift. The reward-to-risk to first target is roughly 1:2 on a zone entry.
Are you shorting this rejection or waiting for a retest of the zone?
Not financial advice. Always manage your risk.
#PYTH #ShortSetup #Rejection #Crypto
🔥
Entry: $0.0387 – $0.0393 🔥
Target: $0.0375 🚀
Stop Loss: $0.0408 ⚠️
The rejection from the $0.0393 supply zone confirms seller aggression after a sharp rally. Price failed to break above the prior swing high, leaving a liquidity void below that often fills fast.
Volume spiked on the rejection candle and the 1H RSI has dipped below 50 — typical early momentum shift. The reward-to-risk to first target is roughly 1:2 on a zone entry.
Are you shorting this rejection or waiting for a retest of the zone?
Not financial advice. Always manage your risk.
#PYTH #ShortSetup #Rejection #Crypto
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