$PYTH
PYTH (Binance) trading signal
Current price: 0.44
🟢 Bullish signal
Recommended strategy:
1. Entry: around 0.44
2. Stop loss: 0.431 (-2.05%)
3. Target position:
- 0.445 (+1.14%) First concentrated liquidation position
- 0.459 (+4.32%) Second concentrated liquidation position
- 0.474 (+7.73%) Third concentrated liquidation position
- 0.489 (+11.14%) High short position area
Key price analysis:
1. Long liquidation concentration area: 0.417-0.431
2. Short liquidation concentration area: 0.445-0.459
3. A large number of 50x short orders are piled up: 0.459-0.474
Operation suggestions:
• There are a large number of 50x leverage short orders at 0.459, and the upward momentum is strong after the breakthrough
• It is recommended to build positions in batches to control risks
• Pay attention to the shock consolidation in the 0.445-0.459 range