Here's a concise analysis of the PYTH/USDT 4H chart:
Technical Setup:
- Breaking out of descending trendline (yellow)
- Current price: 0.3697 USDT (+9.06%)
- Forming ascending channel (gray lines)
- Key resistance zone: 0.48-0.52 (purple box)
Projected Targets:
1. 0.40
2. 0.45
3. 0.51
Key Levels:
- Support: 0.33 (marked as stop loss)
- Current resistance: 0.37
- Volume confirming breakout (15.77M)
Strategy:
Long above 0.35 with stop loss at 0.32
First target at previous resistance 0.40
Chart shows strong reversal potential with clear target zones marked by the ascending channel and resistance box.
Risk Management Note:
Always use proper position sizing and consider the volatile nature of this asset
* DO YOUR OWN RESEACH * DYOR
Technical Setup:
- Breaking out of descending trendline (yellow)
- Current price: 0.3697 USDT (+9.06%)
- Forming ascending channel (gray lines)
- Key resistance zone: 0.48-0.52 (purple box)
Projected Targets:
1. 0.40
2. 0.45
3. 0.51
Key Levels:
- Support: 0.33 (marked as stop loss)
- Current resistance: 0.37
- Volume confirming breakout (15.77M)
Strategy:
Long above 0.35 with stop loss at 0.32
First target at previous resistance 0.40
Chart shows strong reversal potential with clear target zones marked by the ascending channel and resistance box.
Risk Management Note:
Always use proper position sizing and consider the volatile nature of this asset
* DO YOUR OWN RESEACH * DYOR
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관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.