MyCryptoParadise

PYTH/USDT A Bullish Trajectory in Sight?๐Ÿ‘€๐Ÿš€PYTH Today Analysis

Long
KUCOIN:PYTHUSDT   Pyth Network / Tether
๐Ÿ’Ž Paradisers, prepare for an attractive trading opportunity with #PYTHUSDT, as it's showing potential for a bullish continuation following a retest of its demand zone.

๐Ÿ’Ž Examining #PYTHNETWORK past performance, we've observed its consistent movement within a descending channel. Interestingly, it has also formed a cup and handle trajectory. Currently, it has broken above the handle, increasing the likelihood of a bullish move from the retest of the demand level at $0.35044. If the momentum is sustained, our target is set above the major supply zone at $0.55717.

๐Ÿ’Ž Nonetheless, in the ever-changing world of trading, having an alternate strategy is key. Should our initial analysis not come to fruition, we're ready to pivot to a potential bullish rebound from a lower support level at $0.30686. Keep in mind, however, that breaking below this level could lead to a considerable bearish descent.
Trade closed: target reached:
๐Ÿ’Ž Just as predicted, #PYTHSDT up a smooth 94.67%!
Comment:

Do you Want to start trading like a PRO?

Follow a team of traders with 10+ years of experience?

Join FREE๐Ÿ‘‰ t.me/+QwK2mkoTGBU0Nzc0

๐ŸŽ–๏ธOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals ๐Ÿ‘‰ shorturl.at/ikpAV
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.