PYTH/USDT: Long Position🚀
PYTH is forming a descending wedge pattern, which is a bullish reversal setup. The price has consolidated and is approaching a breakout point. If the price breaks above the wedge resistance, a strong upward move can be expected, with significant upside potential indicated in the chart.
Entry Point: Current Market Price (CMP)
Additional Positions: Add more if the price dips to the support zone near 0.25 USDT.
🎯Targets:
$0.39
$0.49
$0.65
$0.72 (Final target)
⛔Stop Loss (SL): $0.24 to manage downside risk.
⚖️Leverage:
Use leverage cautiously, between 5x and 10x depending on your risk tolerance.
DYOR NFA
