PYTH slipped into a fresh low, now hovering near the 0.46 resistance; a break below would lock in the 1.7% target zone.
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$PYTH SHORT 📉
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📍 Entry Range: $0.051089 – $0.051191
🛑 Stop Loss: $0.052674 (-3.0%)
🎯 TP1: $0.050373 (+1.5%)
🏆 TP2: $0.048583 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
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A change of character on the 1h broke the bullish swing, confirmed by a rising CVD and a liquidity sweep into the order block at 0.46. The fair value gap aligns with that order block, creating a POI confluence that backs a short bias. Lower highs now define the structure, setting a 1:1.7 reward‑to‑risk for the short.
A 3.0% stop is relatively tight on the current volatility, so 5‑10x leverage keeps margin safe.
Take half profit at TP1 around the 0.44 level.
Not financial advice — trade only what you can afford to lose 🙏
$PYTH #PYTHUSDT #SMC #TradingSignals #Write2Earn