$PYTH $PYTH $PYTH

PYTH/USDT Chart Analysis

The PYTH/USDT pair is currently trading at 0.3654 USDT, reflecting an 8.69% increase. The chart indicates key levels and potential strategies.

Support and Resistance Levels:

- Support: 0.3213 USDT (24-hour low)

- Resistance: 0.3709 USDT (24-hour high)

Entry Signal:

- Long Entry: Consider entering a long position at the current price of 0.3654 USDT, especially if the price shows strong bullish momentum and approaches the resistance level of 0.3709 USDT.

Stop Loss and Take Profit Levels:

- Stop Loss: Set a stop loss at 0.3370 USDT to minimize potential losses.

- Take Profit: Set a take profit level at 0.3734 USDT, slightly above the recent resistance level.

Analysis:

The chart shows a recent upward trend with higher highs and higher lows, indicating a bullish market sentiment. The price has recently pulled back from the resistance level of 0.3709 USDT and is currently at 0.3654 USDT. This pullback could be an entry signal for a long position, with the expectation that the price will test the resistance

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