$PYTH to moon don’t miss the bullish momentum

USDT Technical Analysis – Aiming for New Highs!

📊 Current Price: $0.4765

📈 24h Change: +2.96%

PYTH/USDT is showing a strong recovery with a recent bounce from its 24h low of $0.4574. The momentum indicates a bullish sentiment, and here’s a technical breakdown with 3 potential targets:

Key Levels to Watch:

1️⃣ First Target: $0.5000

Psychological resistance level. A break above this could confirm a bullish trend continuation.

2️⃣ Second Target: $0.5250

Historical resistance zone. Strong buying momentum could lead to testing this level.

3️⃣ Third Target: $0.5500

If bulls maintain control, this could mark a significant breakout, establishing a new higher high.

Indicators Supporting the Trend:

RSI: Trending upwards, indicating increased buying interest.

Volume: Consistently high, suggesting active participation from traders.

Moving Averages: PYTH is approaching a crossover of key moving averages, which could trigger further upside momentum.

💡 Pro Tip for Traders:

Watch for a retest near $0.4650 as a support level; this could offer a good entry point.

Keep an eye on trading volume; sustained high volume is crucial for achieving these targets.

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