PYTH/USDT — the Final Defense Before a Potential Breakout Move?PYTH is now trading at a critical turning point, hovering right above the major demand zone at 0.100–0.089 USDT (yellow block).
This area has acted as a strong defensive wall for buyers several times in the past.
However, persistent lower highs under the descending trendline are showing strong selling pressure, forming a descending triangle pattern — a classic sign of market compression before a major move.
As volume gradually declines, the chart suggests that energy is building up for a breakout or breakdown.
The next move from this structure will likely define PYTH’s direction for the next few weeks.
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🟢 Bullish Scenario
Key condition: Breakout and 12H candle close above the descending trendline and 0.120 USDT, ideally with strong volume confirmation.
Once confirmed, PYTH could start reversing its structure with the following upside targets:
🎯 Target 1: 0.140 (nearest resistance)
🎯 Target 2: 0.165 (previous supply zone)
🎯 Target 3: 0.231–0.250 (major resistance / previous high)
As long as price holds above 0.100, the structure remains valid for a potential bullish reversal.
Suggested stop-loss: below 0.095 (or based on personal risk tolerance).
💬 “A breakout above the trendline could be the first signal of a major reversal. Volume confirmation is key.”
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🔴 Bearish Scenario
If the price fails to break above the trendline and instead closes below 0.089 USDT, bearish momentum could accelerate sharply.
A confirmed breakdown below this demand area might trigger a stop-loss cascade or panic selling, targeting:
⚠️ Target 1: 0.070
⚠️ Target 2: 0.050
This zone represents the last stand for the bulls — losing it could shift the market into a new bearish phase.
💬 “If 0.089 breaks, strong support becomes a dangerous resistance.”
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⚙️ Technical Summary
Pattern: Descending Triangle
Strong Support Zone: 0.100–0.089
Bullish Trigger: 12H close above 0.120
Bearish Trigger: 12H close below 0.089
Market Condition: Price compression under pressure — a large directional move is likely approaching.
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💡 Trader Insight
> “The longer price stays compressed under pressure,
the stronger the breakout potential becomes.
Direction is uncertain — but the storm is near.”
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