💎 **#PYTH **

Signal: LONG 🟢

📉 **ENTRY**: 0.07

🛑 **STOP**: 0.064

🎯 **TARGETS**:

1. 0.078

2. 0.08

3. 0.085 (Main Swing Target)

📝

Analysis of the PYTHUSDT 4H chart shows a clear bullish trend previously, with a recent high of 0.08. Currently, the price is showing signs of retracement towards an important support area around 0.07, which was previously a resistance and could turn into support (flip zone). The Entry level of 0.07 is determined based on this confluence zone and the Fibonacci retracement levels (although the Fibonacci labels on the chart may not be accurate, we still rely on the price structure). Recent trading volume indicates selling pressure as the price retraces, but it is not enough to break the bullish structure. We expect the price to find buying pressure around 0.07 and continue the bullish trend to retest the high of 0.08 and possibly extend to 0.085. The potential demand zone is identified around 0.065-0.067, providing a buffer for the Stop Loss.

⚠️ **RISK NOTE**: This setup is based on the expectation that the price will hold the support area of 0.07. Always manage risk closely and use the suggested Stop Loss level. The crypto market is highly volatile.

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