๐จ $PYTH MOMENTUM STALLS AT OVERHEAD RESISTANCE AS SELLERS PREPARE A RETRACEMENT! ๐
Entry: 0.05362 โก
Target: 0.05280 ๐ฏ
Stop Loss: 0.05467 โ ๏ธ
Buyers pushed $PYTH into overhead resistance after a solid bounce, but momentum has completely stalled. Fresh supply is stepping in as red candles cluster near 0.05362, signaling an aggressive pushback from sellers defending this supply block. ๐
Failure to reclaim this resistance level opens the gates for a sharp liquidity sweep into downside targets down to 0.05135. โก As long as 0.05467 holds as invalidation, risk rests firmly with the bears taking control of order flow. ๐
๐ค Are you taking the short positioning here or waiting to see if buyers try one more push into resistance? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #PYTH #ShortSetup #Bearish #Trading
๐ป ๐ป
Entry: 0.05362 โก
Target: 0.05280 ๐ฏ
Stop Loss: 0.05467 โ ๏ธ
Buyers pushed $PYTH into overhead resistance after a solid bounce, but momentum has completely stalled. Fresh supply is stepping in as red candles cluster near 0.05362, signaling an aggressive pushback from sellers defending this supply block. ๐
Failure to reclaim this resistance level opens the gates for a sharp liquidity sweep into downside targets down to 0.05135. โก As long as 0.05467 holds as invalidation, risk rests firmly with the bears taking control of order flow. ๐
๐ค Are you taking the short positioning here or waiting to see if buyers try one more push into resistance? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #PYTH #ShortSetup #Bearish #Trading
๐ป ๐ป