$PYTH 🔻 $PYTH SHORT SETUP 🔴 Sellers are stepping in — here's the setup. ⚡
$PYTH is showing significant weakness, currently trading down -20.54% over the last 24 hours with heavy selling pressure. Given the proximity to the daily low of $0.05843, $PYTH appears to be in a firm downtrend with high volume of $10,631,602.57 confirming the bearish momentum.
📊 24h: -20.54% | Vol: $10,631,602.57
📉 TRADE PLAN
🔹 Entry: $0.05900
🛑 Stop Loss: $0.06050
🎯 TP1: $0.05675
🎯 TP2: $0.05525
🎯 TP3: $0.05375
⚖️ Risk:Reward (TP1): 1:1.50
🔔 Trigger: A confirmed hourly candle close below the $0.05840 support level would support the bearish continuation for $PYTH .
⚠️ Risk Note: High volatility is present; ensure tight risk management as the market remains aggressive.
Always wait for clear breakdown confirmation before entering your positions.
Click below 👇🏻 to trade
$PYTH
Follow @T4_TZX for more updates...
#PYTH #CryptoTrading #MarketAnalysis #BinanceSquare
$PYTH is showing significant weakness, currently trading down -20.54% over the last 24 hours with heavy selling pressure. Given the proximity to the daily low of $0.05843, $PYTH appears to be in a firm downtrend with high volume of $10,631,602.57 confirming the bearish momentum.
📊 24h: -20.54% | Vol: $10,631,602.57
📉 TRADE PLAN
🔹 Entry: $0.05900
🛑 Stop Loss: $0.06050
🎯 TP1: $0.05675
🎯 TP2: $0.05525
🎯 TP3: $0.05375
⚖️ Risk:Reward (TP1): 1:1.50
🔔 Trigger: A confirmed hourly candle close below the $0.05840 support level would support the bearish continuation for $PYTH .
⚠️ Risk Note: High volatility is present; ensure tight risk management as the market remains aggressive.
Always wait for clear breakdown confirmation before entering your positions.
Click below 👇🏻 to trade
$PYTH
Follow @T4_TZX for more updates...
#PYTH #CryptoTrading #MarketAnalysis #BinanceSquare