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Technical analysis by CryptoAnalystSignal about Symbol PYTH: Buy recommendation (7/8/2025)

https://sahmeto.com/message/3619850
CryptoAnalystSignal
CryptoAnalystSignal
Rank: 30134
1.0
Buy،Technical،CryptoAnalystSignal

#PYTH The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it. We have a bounce from the lower boundary of the descending channel. This support is at 0.0938. We have a downtrend on the RSI indicator that is about to break and retest, supporting the upside. There is a major support area in green at 0.0920, which represents a strong basis for the upside. Don't forget a simple thing: ease and capital. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. We have a trend to hold above the 100 Moving Average. Entry price: 0.0950 First target: 0.0970 Second target: 0.0993 Third target: 0.1025 Don't forget a simple thing: ease and capital. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. Thank you.#PYTH First target: 0.0970 Reached Second target: 0.0993 Reached Third target: 0.1025 Reached

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Price at Publish Time:
$0.095092
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