LONG #PYTHUSDT from $0.505 stop loss $0.5025 $PYTH
5m TF. The instrument has formed a cluster of local resistance levels, which are tested with several touches, which may indicate the accumulation of short stops of participants behind them. The compression during the local trend to the levels and increased volumes indicate active buyers aiming to update the maximum.
To enter a trade, I expect to see a traded movement near the levels and an acceleration of the tape before the breakdown.
#Cryptoz & @CScalpEN