Technical analysis by signetron about Symbol PYTH: Sell recommendation (7/21/2025)

Bias: Rejection at weak high above PDH into premium zone with bearish divergence and overbought oscillator 🔍 Confluences: ✅ Price in premium zone ✅ Wick rejection at weak high ✅ Stochastic RSI double top + bearish divergence ✅ Price extended away from 9/EMA baseline ✅ Possible inducement sweep of PDH liquidity ✅ Low volume on final push (distribution behavior) 🎯 Sniper Entry Zone: Entry (Short): 0.1440 – 0.1455 (Markets may try one more inducement wick above PDH. Set alerts and place partial limit above 0.1445) 💰 Take-Profit Range (TP1): TP1 Range: 0.1300 – 0.1320 (Aligns with top of cloud / 4H equilibrium retest zone and PDL proximity) TP2: 0.1220 (Targeting full EQ zone retest / liquidity void) 🛡️ Stop Loss (SL): SL: 0.1476 (Hard stop just above the weak high and final supply zone. Small buffer for possible wick) 🧠 Risk-Reward (R:R): TP1 R:R: ~2.8:1 TP2 R:R: ~5:1 ⏳ Estimated Timeframe for TP1: Within 6–12 hours, assuming the reversal confirms on 1H close and momentum follows through. 🚨 Tactical Notes: Watch for 1H close back below 0.1410 as added confirmation. Momentum divergence + overbought suggests exhaustion. Lock in profits at TP1, trail SL to BE, and let rest run if targeting TP2.Target 1 and 2 achieved