#PYTH is moving inside a descending channel on the 12H timeframe. It is currently sitting on the support zone. Consider buying a small bag here and another near the $0.0807 support level in case of a deeper dip.
If we get a successful bounce, the short-term target is:
🎯 $0.1022
And if the price breaks out above the channel, the potential upside targets are:
🎯 $0.1127
🎯 $0.1212
🎯 $0.1297
🎯 $0.1417
🎯 $0.1571
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
If we get a successful bounce, the short-term target is:
🎯 $0.1022
And if the price breaks out above the channel, the potential upside targets are:
🎯 $0.1127
🎯 $0.1212
🎯 $0.1297
🎯 $0.1417
🎯 $0.1571
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
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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.