Is PYTH breaking out for a strong move up or gearing for a correction? This analysis identifies key levels to watch for high-probability entries and exits.
Price Levels to Watch:
Resistance Zone: $0.44–$0.50 (major supply area)
Intermediate Resistance: $0.1870
Current Price Support: $0.1445
Support Zone: $0.1137
Scenarios:
🔵 Bullish: Break and hold above $0.1870 could trigger a move to $0.44+. Possible gains over 100%!
🔴 Bearish: Failure to hold $0.1445 support may lead to retest of $0.0860 region.
Why This Setup?
Clear supply/demand zones highlight significant trader interest.
Weekly timeframe support/resistance for swing trading opportunities.
Focus on patient, disciplined entries with risk management
Price Levels to Watch:
Resistance Zone: $0.44–$0.50 (major supply area)
Intermediate Resistance: $0.1870
Current Price Support: $0.1445
Support Zone: $0.1137
Scenarios:
🔵 Bullish: Break and hold above $0.1870 could trigger a move to $0.44+. Possible gains over 100%!
🔴 Bearish: Failure to hold $0.1445 support may lead to retest of $0.0860 region.
Why This Setup?
Clear supply/demand zones highlight significant trader interest.
Weekly timeframe support/resistance for swing trading opportunities.
Focus on patient, disciplined entries with risk management
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.