weslad

Pythusdt buy opportunity

Long
BINANCE:PYTHUSDT   PYTH / TetherUS
Pythusdt is currently navigating within a potential ascending broadening wedge formation, indicating a widening price range over time.

Our expectation is for the price to adhere to this setup until it reaches the final setup target delineated on the chart. Our strategy involves buying back the coin within the provided buy area, which is anticipated to serve as a robust support and demand zone.

Notably, the highlighted resistance level represents a crucial local barrier. Should the price breach this level, we advocate for proactive action, entering positions on pullbacks towards the breakout level rather than waiting for a retest of the buy-back area.

We encourage the sharing of insights and opinions on this coin for further discussion and analysis.

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