$PYTH /USDT: A Surge Toward Breakout Levels... A Big Upward momentum starting ... #VANAOpening #BinanceAirdropsCATandPENGU #BinanceLaunchpoolVANA
The $PYTH /USDT pair has shown a strong bounce from a recent low of $0.4454, signaling a potential reversal as bulls regain momentum. After experiencing a sharp correction from the $0.4782 resistance, the price rebounded sharply and is now trading at $0.4686, up +6.99%. This recovery comes on the back of growing volume, indicating fresh buyer interest. The immediate resistance stands at $0.4829 (24h High), where a breakout could ignite further gains, targeting the $0.49-$0.50 zone. If momentum continues, PYTH could retest its recent peaks, signaling strength for short-term traders.
On the downside, key support is now established at $0.4558, with critical protection near $0.4454. Any rejection at current levels could see PYTH testing these zones for support. However, given the bullish RSI momentum and clear upward movement on the 15-minute chart, buyers appear in control for now. Traders should watch $0.4829 closely as a breakout here could lead to a significant rally, turning PYTH into one of today’s hottest coins.
