Is the market putting everyone to sleep, or is it paving the way for an unexpected PUMP from $PYTH VND, brothers? Look at this dead-looking price board with a price of 0.0525$—it makes many people give up and want to cut losses cleanly. But calm down—everything has its price, and that price is patience.
Current technical data is telling us a very interesting story about the battle between the bulls and the bears:
🔹 On the 15-minute chart: Price is below the MA(20) at 0.0532 and below the EMA(9) at 0.0527. This suggests short-term selling pressure is still weighing down the market, and the sellers still have a slight advantage.
🔹 On the 1-hour chart: The situation flips again, when the price at 0.0525 is above the MA(20) at 0.0517 and close to the EMA(9) at 0.0526. This indicates that the 0.051x support zone is fairly solid—not easy to break through overnight.
Overall, $PYTH is in a tight compression state. It’s like a spring being squeezed—just a small inflow of capital is enough to break the current resistance. However, don’t get overly optimistic, because the crypto market never has room for rushing.
My personal setup for this coin is as follows:
📌 Position: LONG
🎯 Entry: 0.0515 - 0.0520 (Look for deeper dips to accumulate)
🎯 TP 1: 0.0550
🎯 TP 2: 0.0580
📌 SL: 0.0495 (If this level breaks, that’s the wrong scenario—I’ll exit immediately without hesitation)
I’m prioritizing going up because I can see the buying side trying to hold the momentum on the hourly timeframe. What about you guys—are you holding LONG, or have you already jumped ship to another one? Comment and let me know your strategy!
#CryptoTrading #Altcoin
Note: This is my personal viewpoint, not investment advice. Trading always comes with risk (DYOR).
Current technical data is telling us a very interesting story about the battle between the bulls and the bears:
🔹 On the 15-minute chart: Price is below the MA(20) at 0.0532 and below the EMA(9) at 0.0527. This suggests short-term selling pressure is still weighing down the market, and the sellers still have a slight advantage.
🔹 On the 1-hour chart: The situation flips again, when the price at 0.0525 is above the MA(20) at 0.0517 and close to the EMA(9) at 0.0526. This indicates that the 0.051x support zone is fairly solid—not easy to break through overnight.
Overall, $PYTH is in a tight compression state. It’s like a spring being squeezed—just a small inflow of capital is enough to break the current resistance. However, don’t get overly optimistic, because the crypto market never has room for rushing.
My personal setup for this coin is as follows:
📌 Position: LONG
🎯 Entry: 0.0515 - 0.0520 (Look for deeper dips to accumulate)
🎯 TP 1: 0.0550
🎯 TP 2: 0.0580
📌 SL: 0.0495 (If this level breaks, that’s the wrong scenario—I’ll exit immediately without hesitation)
I’m prioritizing going up because I can see the buying side trying to hold the momentum on the hourly timeframe. What about you guys—are you holding LONG, or have you already jumped ship to another one? Comment and let me know your strategy!
#CryptoTrading #Altcoin
Note: This is my personal viewpoint, not investment advice. Trading always comes with risk (DYOR).