$PYTH breaking out of a tight consolidation range and whales are pressuring sellers 🔥
$PYTH /USDT — long 🟢
Trading plan:
Entry: 0.04822 – 0.04873
Stop loss: 0.048041
Target 1: 0.049369
Target 2: 0.04995
Target 3: 0.05062
Why this setup?
Very tight Bollinger Bands (BBW 0.0193) indicates a near-term breakout with an upward OBV trend
Price is below VWAP at 0.0491 and EMA200 at 0.0496, providing a safety buffer for buyers
Sellers dominance at 53% with a Whale Accumulation Squeeze event increases the probability of a short squeeze
Do you think whale pressure will break the 0.0496 resistance, or will we see another pullback?
$PYTH
This content is not investment advice—do your own research (DYOR)
$PYTH /USDT — long 🟢
Trading plan:
Entry: 0.04822 – 0.04873
Stop loss: 0.048041
Target 1: 0.049369
Target 2: 0.04995
Target 3: 0.05062
Why this setup?
Very tight Bollinger Bands (BBW 0.0193) indicates a near-term breakout with an upward OBV trend
Price is below VWAP at 0.0491 and EMA200 at 0.0496, providing a safety buffer for buyers
Sellers dominance at 53% with a Whale Accumulation Squeeze event increases the probability of a short squeeze
Do you think whale pressure will break the 0.0496 resistance, or will we see another pullback?
$PYTH
This content is not investment advice—do your own research (DYOR)
