PYTH Today's Market Analysis Bullish Entry Signal
At 2 a.m., the 1-hour chart showed a yellow signal dot, indicating a bullish entry signal.
Recommended Operational Strategy
Stand above 0.3310: Investors are advised to wait patiently for the current price to stabilize above 0.3310 and confirm that the next yellow dot appears before considering entering the market. Yellow dot signal: Once the yellow dot appears, it will be a great time to buy long.
Pressure and support levels
Pressure level: Pay attention to the pressure level near 0.3408.
Support level: Pay attention to the support level around 0.3201.
Market trend
The current market trend supports a long strategy. These suggestions are designed to help investors make informed trading decisions based on market trends and technical signals.