🔥🔥🔥 🚨 PYTH Market Overview🚨

📣📣📣From the current market trend, PYTH showed a rebound at the 1-hour level, while the 2-hour and 4-hour levels showed a bearish trend.

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In this case, we will focus on the long and short prices at the 1-hour level: around 0.4807

⬆️Long strategy:

If PYTH can successfully break through the key price of 0.4807, then we can consider entering a short long position. The upper target can focus on the three positions of 0.4829, 0.4846 and 0.4865.

However, please remember that the realization of profits in trading is not only about achieving goals, but also about reasonable risk management. Therefore, once the target price is reached or there are obvious signs of a pullback, it is recommended to close the position in time and lock in profits.

🔽 Short strategy:

If PYTH fails to break through the price of 0.4807 during the upward process, we will continue to be bearish in the general direction. The target positions below can focus on 0.4791, 0.4768 and 0.4748. Nearby Similarly, it is crucial to be cautious and rational in trading. If the market trend is in line with our expectations, take profits in time; if the market changes unfavorably, stop losses decisively to avoid losses.

🚨🚨🚨Finally, I emphasize trading risks again. Contract trading is highly risky and needs to be treated with caution when making orders. While pursuing profits, capital preservation is always our top priority. Please be sure to do a good job of risk management, arrange funds reasonably, and avoid blindly following the trend and impulsive trading. I wish you all a smooth transaction!

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