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

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 Turning Price has been making lower lows RSI is making higher lows That’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 Confirmation While 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 candle Volume rising with the break Price holding above the broken trendline — flipping resistance into support That’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 zone Look for bullish candles forming above support Targets can be layered around prior structure levels — let price guide the path upward 🔥 Final Take This 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