Key Level: 0.167 (Previous Support → Now Resistance)
Target: 0.18 – 0.185
Timeframe: 4H (240M)
✅ Trade Conditions:
Price must reclaim and close above 0.167 on the 4-hour candle.
This confirms bullish strength and breaks the previous downtrend.
🎯 Action:
Enter on close above 0.167
Stop Loss: Below 0.160 (support breakdown)
Take Profit: 0.18 → 0.185
💡 Why?
The zone around 0.167 was strong support earlier. If bulls reclaim it with a strong close, it signals momentum shift. The path of least resistance is now toward 0.18, where prior resistance lies.
🔥 Watch for confirmation — no fakeouts. Only trade if the 4H candle closes cleanly above 0.167.
#PYTH #CryptoTrading #DayTrading #Breakout #TradingView
Target: 0.18 – 0.185
Timeframe: 4H (240M)
✅ Trade Conditions:
Price must reclaim and close above 0.167 on the 4-hour candle.
This confirms bullish strength and breaks the previous downtrend.
🎯 Action:
Enter on close above 0.167
Stop Loss: Below 0.160 (support breakdown)
Take Profit: 0.18 → 0.185
💡 Why?
The zone around 0.167 was strong support earlier. If bulls reclaim it with a strong close, it signals momentum shift. The path of least resistance is now toward 0.18, where prior resistance lies.
🔥 Watch for confirmation — no fakeouts. Only trade if the 4H candle closes cleanly above 0.167.
#PYTH #CryptoTrading #DayTrading #Breakout #TradingView
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.
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.