$PYTH | 🟢 LONG — 1H momentum favors buyers
$PYTH is showing upward momentum on the 1H timeframe and holding above the EMA200. This is a positive signal for a LONG setup, but price action at the Entry zone still needs to be monitored before expecting the uptrend to continue.
📍 LONG plan
* Entry: 0.08464 – 0.08624
* TP1: 0.09096
* TP2: 0.09557
* TP3: 0.102
* TP4: 0.1102
* SL: 0.07718 (approximately 9.7% risk)
📈 Key level to watch: 1H momentum favors buyers, while the price remains above the EMA200. Prioritize waiting for the price to reach the Entry zone and watching for buying pressure to confirm; avoid FOMO if the price has already moved far. Note that the SL is fairly wide, so adjust your position size to manage risk.
NFA · DYOR. This content is for reference only and is not investment advice.
Tap below to trade with SHIN👇
$PYTH is showing upward momentum on the 1H timeframe and holding above the EMA200. This is a positive signal for a LONG setup, but price action at the Entry zone still needs to be monitored before expecting the uptrend to continue.
📍 LONG plan
* Entry: 0.08464 – 0.08624
* TP1: 0.09096
* TP2: 0.09557
* TP3: 0.102
* TP4: 0.1102
* SL: 0.07718 (approximately 9.7% risk)
📈 Key level to watch: 1H momentum favors buyers, while the price remains above the EMA200. Prioritize waiting for the price to reach the Entry zone and watching for buying pressure to confirm; avoid FOMO if the price has already moved far. Note that the SL is fairly wide, so adjust your position size to manage risk.
NFA · DYOR. This content is for reference only and is not investment advice.
Tap below to trade with SHIN👇