👀 Is this the bottom for $PYTH, or just a relief bounce before more downside?
Here's the setup building on $PYTH:
$PYTH /USDT — LONG
📍 Entry: 0.054281 – 0.054863
🛑 Stop-loss: 0.052973
Targets 🎯
TP1: 0.056709
TP2: 0.057988
TP3: 0.059587
Why this setup?
• Price is about 0.40% away from the entry zone right now
• Risk/reward to TP2 works out to roughly 2.14:1
• Volume at only 0.22x average — low participation, confirmation still needed
• RSI at 66.2 — overbought zone, exhaustion risk
⚠️ Markets can invalidate any setup — DYOR and never risk more than you can afford to lose.
Watching this closely 👀 $PYTH
Here's the setup building on $PYTH:
$PYTH /USDT — LONG
📍 Entry: 0.054281 – 0.054863
🛑 Stop-loss: 0.052973
Targets 🎯
TP1: 0.056709
TP2: 0.057988
TP3: 0.059587
Why this setup?
• Price is about 0.40% away from the entry zone right now
• Risk/reward to TP2 works out to roughly 2.14:1
• Volume at only 0.22x average — low participation, confirmation still needed
• RSI at 66.2 — overbought zone, exhaustion risk
⚠️ Markets can invalidate any setup — DYOR and never risk more than you can afford to lose.
Watching this closely 👀 $PYTH