$PYTH has printed a strong impulsive move from the 0.0547 swing low and reclaimed MA(99) with expanding volume. Short-term trend has flipped bullish, but price is now consolidating below the recent high.
Bias: Bullish continuation while holding key support.
Entry Zone:
Buy on pullback: 0.0625 – 0.0635 (MA(99) retest / demand zone)
Aggressive buy: Break & hold above 0.0665 on 4H close
Targets:
TP1: 0.0685 (recent high liquidity)
TP2: 0.0720
TP3: 0.0760 (extension if momentum sustains)
Stop Loss:
Below 0.0600 (loss of structure & MA support)
Invalidation:
4H close below 0.0600 turns setup neutral to bearish.
Notes:
MA(7) > MA(25) > MA(99) = bullish alignment
Healthy pullback preferred after sharp rally
Manage risk, partial profits recommended
Not financial advice. For educational purposes only.
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