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Technical analysis by AltcoinPiooners about Symbol PYTH: Sell recommendation (8/28/2025)

https://sahmeto.com/message/3740131
AltcoinPiooners
AltcoinPiooners
Rank: 342
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Sell،Technical،AltcoinPiooners

PYTHUSDT Exclusive: Unlock the Secret Bullish PYTH Strategy for Massive Gains! Trading Levels The chart indicates predefined levels for a trading strategy: Entry: 0.1890 - 0.1900 USD - The point where the trader plans to enter the market. SL (Stop Loss): 1.272 USD - A high level to close the position at a loss, suggesting a possible typo or symbolic level (might be 0.1272, but clarification is needed). TP (Take Profit): Four exit levels for profit:TP1: 0.786 USD (0.1717) TP2: 0.618 USD (0.1582) TP3: 0.5 USD (0.1487) TP4: 0.1084 USD DCA (Dollar Cost Averaging): 1.135 USD (0.1999) - A level for cost averaging, possibly for additional purchases if the price drops. Price AnalysisThe price has experienced a sharp decline recently, reaching a low of around 0.1 USD, before recovering to the entry level (0.1890). The current movement appears bullish, with a strong rise after a consolidation period, but the high RSI suggests a potential pullback or correction soon. InterpretationStrategy: The chart suggests a high-risk, high-reward strategy. The TP levels are set with a relatively favorable risk-reward ratio, but the high SL (1.272) seems unusual and could be a typographical error. RSI: The value of 90 - 89 indicates overbought conditions, which may signal a pullback or correction toward lower levels (e.g., TP2 or TP3).

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$0.18828
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