PYTH /USDT: Long Position 🚀
PYTH is forming a descending wedge pattern, a bullish reversal setup. Price is consolidating and nearing a breakout point. If the price breaks above wedge resistance, a strong upward move is expected, with big upside potential.
Entry Point: Current Market Price (CMP)
📉 Additional Positions: Add more if the price dips to the support zone near $0.12 USDT.
🎯 Targets:
- 0.18
- 0.22
- 0.30 (Final Target)
⛔ Stop Loss (SL): $0.115 to manage downside risk.
⚖️ Leverage: Use leverage cautiously between 5x and 10x depending on risk tolerance.
DYOR & NFA
