$PYTH /USDT 1H Binance Analysis 🚀🔥💯
Current Price: $0.4782 (+2.14%)
24h High: $0.5031
24h Low: $0.4454
Volume (PYTH): 89.02M
Volume (USDT): 42.23M
Market Overview:
$PYTH has shown an upward shift to $0.4782, moving towards its recent high of $0.5031. The price is currently testing key resistance around $0.4900, with potential for further gains if this level is broken. If the price fails to break above $0.4900, a pullback to support levels at $0.4700 or $0.4600 may occur.
Trade Setup:
🔵 Long Position:
Entry Zone: $0.4700 - $0.4800
Targets: $0.4900 | $0.5031
Stop Loss: $0.4500
🔴 Short Position:
Entry Zone: $0.4900 - $0.5000
Targets: $0.4800 | $0.4500
Stop Loss: $0.5100
Leverage: 5x (For optimal risk management)
Risk Management: Keep stop losses tight, particularly if the price fails to break the $0.4900 resistance or falls below support at $0.4600.
Key Action Points:
Bullish scenario: A breakout above $0.4900 could lead to a test of the recent high at $0.5031, with potential for higher targets.
Bearish scenario: A rejection at $0.4900 could lead to a pullback to $0.4700 or even lower levels.
Market Sentiment:
$PYTH has shown solid upward momentum in the short term. A clear break above $0.4900 is critical for further bullish continuation.
Follow my predictions — 93% profit guaranteed!
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