$PYTH SHORT 🔴
Bears Are Tightening Their Grip as Selling Pressure Builds!
The downside momentum remains strong, and sellers are showing no signs of backing off. With bearish positioning dominating and repeated red-candle breakdowns, $PYTH could be preparing for another move toward lower support levels.
Trade Plan:
Entry: $0.0635 – $0.0655
Stop Loss: Above $0.0668
Take Profit:
TP1: $0.0621
TP2: $0.0600
TP3: $0.0580
Why this setup?
#PYTH continues to show heavy bearish pressure, with reported short-position profitability above 83%. Consecutive bearish candles suggest sellers remain active. If this momentum continues, a downside liquidity sweep toward $0.0600 and potentially $0.0580 could follow.
Debate:
Will bears push $PYTH all the way toward $0.0580, or are buyers preparing a surprise reversal?
Stay disciplined and respect your stop loss.
Trade here👇🏻👇🏻👇🏻
Bears Are Tightening Their Grip as Selling Pressure Builds!
The downside momentum remains strong, and sellers are showing no signs of backing off. With bearish positioning dominating and repeated red-candle breakdowns, $PYTH could be preparing for another move toward lower support levels.
Trade Plan:
Entry: $0.0635 – $0.0655
Stop Loss: Above $0.0668
Take Profit:
TP1: $0.0621
TP2: $0.0600
TP3: $0.0580
Why this setup?
#PYTH continues to show heavy bearish pressure, with reported short-position profitability above 83%. Consecutive bearish candles suggest sellers remain active. If this momentum continues, a downside liquidity sweep toward $0.0600 and potentially $0.0580 could follow.
Debate:
Will bears push $PYTH all the way toward $0.0580, or are buyers preparing a surprise reversal?
Stay disciplined and respect your stop loss.
Trade here👇🏻👇🏻👇🏻
