PYTH is crumbling under bearish pressure, the price is testing the 2.5% down move from its recent high. Volume is drying up as sellers dominate the order flow.
đŽ $PYTH SHORT đ â Trade Plan
âą Entry: $0.085994 â $0.086166
âą Stop: $0.088662 (-3.0%)
âą Target 1: $0.084789 (+1.5%)
âą Target 2: $0.081776 (+5.0%)
âą R/R 1:1.7 | Confidence 64%
A clear change of character popped on the 1âhour as the market structure broke lower, and the CVD turned negative confirming the move. The fair value gap from the prior rally sits right at current price, while an order block underneath provides a strong supply zone. The overlap of the OB and FVG creates a POI that aligns with the short bias.
A 3.0% stop is relatively tight on a volatile asset, so keep leverage modest, around 2â3x.
Take half profit once price reaches the first target near the next resistance level.
As always: manage your risk, this is not financial advice đ
$PYTH #PYTHUSDT #CPIWatch #TradingSignals #Write2Earn
đŽ $PYTH SHORT đ â Trade Plan
âą Entry: $0.085994 â $0.086166
âą Stop: $0.088662 (-3.0%)
âą Target 1: $0.084789 (+1.5%)
âą Target 2: $0.081776 (+5.0%)
âą R/R 1:1.7 | Confidence 64%
A clear change of character popped on the 1âhour as the market structure broke lower, and the CVD turned negative confirming the move. The fair value gap from the prior rally sits right at current price, while an order block underneath provides a strong supply zone. The overlap of the OB and FVG creates a POI that aligns with the short bias.
A 3.0% stop is relatively tight on a volatile asset, so keep leverage modest, around 2â3x.
Take half profit once price reaches the first target near the next resistance level.
As always: manage your risk, this is not financial advice đ
$PYTH #PYTHUSDT #CPIWatch #TradingSignals #Write2Earn