Technical analysis by MAAwan about Symbol PYTH: Buy recommendation (5/12/2025)

MAAwan

PYTHUSDT – Daily Bullish Divergence + Trendline Break | Structure Shift In Play 🔄🚀What’s up traders 👋PYTH is showing major signs of reversal on the daily chart — and this isn’t just a one-signal wonder. We’ve got a bullish divergence plus a clean trendline break, which together make a strong case that the downtrend is done (or very close to it).📈 Bullish Divergence – Momentum Is TurningPrice has been making lower lowsRSI is making higher lowsThat’s classic bullish divergence — meaning sellers are still pushing the price down, but the momentum behind the move is fading fast.This is the kind of setup that often precedes a reversal — especially on a higher timeframe like the daily.📉 Daily Trendline Break – Structural ConfirmationWhile divergence gives us a heads-up, the daily trendline break is confirmation. That descending resistance has been holding price down for a while — but not anymore. We’ve got:A strong breakout candleVolume rising with the breakPrice holding above the broken trendline — flipping resistance into supportThat’s exactly what you want to see when momentum shifts.🎯 What Comes Next?Watch for a retest of the broken trendline — that would be an ideal entry zoneLook for bullish candles forming above supportTargets can be layered around prior structure levels — let price guide the path upward🔥 Final TakeThis isn’t a meme or hype setup — it’s a technical structure shift backed by momentum divergence. When these two line up on the daily, smart money usually pays attention.💬 In or waiting on a retest? What’s your PYTH game plan?Drop your chart or comment below — let’s talk setups!#PYTH #PYTHUSDT #BullishDivergence #TrendlineBreak #CryptoSetup #PriceAction #Altcoins #TechnicalAnalysis #SmartMoney #SwingTrade