🔴 $PYTH /USDT — SHORT SIGNAL 📉

Pyth Network | Binance Perpetual Futures

📊 Trade Plan

Current Price: $0.07503

24H Change: -11.43%

Entry Zone: $0.07600 – $0.07750

Stop Loss (SL): $0.08000

🎯 Take Profit Targets

TP1: $0.07300

TP2: $0.07050

TP3: $0.06700
Trade here $PYTH

📉 Market Analysis

Strong selling pressure: Price has fallen 11.43% in 24 hours.

Critical support: Price is testing the 24H low around $0.07501.

Short-term trend: Bearish momentum is dominant based on the supplied price data.

Caution: The 30-day performance remains positive at +33.27%, so a recovery bounce is possible.

Breakdown level: A confirmed move below $0.07500 could trigger further selling.

✅ Entry Confirmation

Pullback short: Look for bearish rejection around $0.07600–$0.07750.

Breakdown short: Wait for a confirmed candle close below $0.07500 with increased selling volume.

⚖️ Risk-to-Reward

Using an illustrative entry of $0.07650 and SL at $0.08000:

Target Potential Profit Risk-to-Reward

TP1: $0.07300 4.58% 1:1
TP2: $0.07050 7.84% 1.71:1
TP3: $0.06700 12.42% 2.71:1

⚠️ Risk Management: Price is already close to support, so avoid chasing the drop. Wait for a confirmed breakdown or a bearish pullback. These levels are illustrative, not guaranteed. Use appropriate leverage and risk controls.

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