🔥 Recently, #PYTH delivered a real X2 show!
But if you’re expecting an immediate continuation of the rally — probably not ❌
📌 Why:
1️⃣
PYTHUSDT has entered a strong liquidity zone at $0.225–0.265.
2️⃣ #PYTHUSD hit the descending trendline, stretching back from last year.
Now the key is to hold above the critical $0.147 level to preserve the bullish pattern and keep the growth trend intact 📈
⚡️ For a strong breakout with volume, the market needs time to accumulate strength.
🌍 On a larger scale — $0.50 per #PythNetwork token looks like a very fair price, doesn’t it? 😉
______________
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🚀 Don’t miss out on important market moves
🧠 DYOR | This is not financial advice, just thinking out loud.
But if you’re expecting an immediate continuation of the rally — probably not ❌
📌 Why:
1️⃣
2️⃣ #PYTHUSD hit the descending trendline, stretching back from last year.
Now the key is to hold above the critical $0.147 level to preserve the bullish pattern and keep the growth trend intact 📈
⚡️ For a strong breakout with volume, the market needs time to accumulate strength.
🌍 On a larger scale — $0.50 per #PythNetwork token looks like a very fair price, doesn’t it? 😉
______________
◆ Follow us ❤️ for daily crypto insights & updates!
🚀 Don’t miss out on important market moves
🧠 DYOR | This is not financial advice, just thinking out loud.
Transaction en cours
Buyers successfully defended the critical support level mentioned earlier.
Key scenarios ahead:
Bullish: Breakout above the trendline could lead to a strong move higher 🚀
Bearish: Failure to hold could trigger a breakdown below support 👎
At this stage, market psychology is crucial — traders must decide whether momentum is strong enough to push higher or not.
💬 What’s your outlook for
🧠 DYOR | Not financial advice.
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🔵 Telegram 👉 t.me/pstrade_eng
🤖 Trading Bot 👉 copytrading.space/en/
📞 t.me/P_S_trades 📝
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
