đđđ„$PYTH TECHNICAL ANALYSIS :
Current Price: The price of $PYTH stands at approximately $0.3482.
Recent Breakout: $PYTH has recently broken above the resistance trendline, indicating potential for a decent rally toward the all-time high range. The accumulation range is around $0.2754 to the current price, with a target of $1 (300% gain). Keep in mind that this is a spot trade signal, and the holding period is expected to be 3-4 months.
Support Level: The main support level you mentioned at $0.23 is crucial. If it holds, it could provide a strong base for further upward movement.
Next Goal: You're right; the next goal is around $0.47. However, this depends on Bitcoin's overall market sentiment. If Bitcoin remains bullish, it could positively impact $PYTH's performance.
Historical Gains: It's interesting to note that PYTH/USDT has seen significant gains in the past, with a tracked 280% increase. Keep monitoring the charts and stay informed!
Remember to do your own research (DYOR) and consider market conditions before making any investment decisions. Happy trading! đ.#PYTHUSDTđ #Pythlong #Write2Earn!
