Pyth has been adhering to its uptrend line, consistently maintaining an upward trajectory. This line has acted as a solid support level, preventing significant price drops and instilling confidence in traders and investors.

A key indicator reinforcing Pyth's bullish potential is its position relative to the 200-day Exponential Moving Average (EMA). The 200 EMA is a long-term trend indicator used by traders to identify the overall direction of an asset's price. When an asset is trading above its 200 EMA, it is generally considered to be in a bullish phase. Pyth's current trading position above the 200 EMA suggests a robust underlying strength and an ongoing upward momentum.

Conclusion

Pyth's performance is a testament to the importance of technical analysis in understanding market trends and making informed trading decisions. Its strong uptrend, coupled with its position above the 200 EMA, sets the stage for a potential breakout above the $0.45 resistance level. As the cryptocurrency market continues to evolve, Pyth remains a promising asset to watch for traders and investors alike.

entry:0.42.5-0.432

long: x20

💥0.439

💥0.4436

💥0.4489

💥0.4520

$PYTH #PYTHUSDT📈