Technical analysis by CryptoAnalystSignal about Symbol PYTH: Buy recommendation (6/16/2025)

#PYTHThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading toward a strong breakout and retest.We are experiencing a rebound from the lower boundary of the descending channel. This support is at 0.1030.We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.We are heading toward stability above the 100 moving average.Entry price: 0.1080First target: 0.1111Second target: 0.1140Third target: 0.1180