PYTH 4H ANALYSIS – Bullish Setup in Play

5월 8일

After completing a 5-wave impulse to the downside, PYTH has shown signs of a trend reversal. The first upward impulse displayed a clear 5-wave Elliott structure, breaking out of the descending channel — a strong bullish signal.

Following this, a classic A-B-C zig-zag correction occurred, which acted as a retest of the broken channel resistance, now turned support. This confluence increases the probability of a bullish continuation.

With market structure aligning and correction likely complete, PYTH is showing potential for a 50%+ move to the upside.

🟢 Entry Zone: 0.1400 – 0.1500
🔴 Stop Loss: 0.1272 (Below wave C & structural support)
🎯 Target Price: 0.2235


💡 Note: Always manage your risk and confirm with your own analysis before entering any trade.

5월 20일

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