Technical analysis by CryptoNuclear about Symbol PYTH: Buy recommendation (11/10/2025)

PYTH is now trading at a critical turning point, hovering right above the major demand zone at 0.100–0.089 USDT (yellow block). This area has acted as a strong defensive wall for buyers several times in the past. However, persistent lower highs under the descending trendline are showing strong selling pressure, forming a descending triangle pattern — a classic sign of market compression before a major move. As volume gradually declines, the chart suggests that energy is building up for a breakout or breakdown. The next move from this structure will likely define PYTH’s direction for the next few weeks. --- 🟢 Bullish Scenario Key condition: Breakout and 12H candle close above the descending trendline and 0.120 USDT, ideally with strong volume confirmation. Once confirmed, PYTH could start reversing its structure with the following upside targets: 🎯 Target 1: 0.140 (nearest resistance) 🎯 Target 2: 0.165 (previous supply zone) 🎯 Target 3: 0.231–0.250 (major resistance / previous high) As long as price holds above 0.100, the structure remains valid for a potential bullish reversal. Suggested stop-loss: below 0.095 (or based on personal risk tolerance). 💬 “A breakout above the trendline could be the first signal of a major reversal. Volume confirmation is key.” --- 🔴 Bearish Scenario If the price fails to break above the trendline and instead closes below 0.089 USDT, bearish momentum could accelerate sharply. A confirmed breakdown below this demand area might trigger a stop-loss cascade or panic selling, targeting: ⚠️ Target 1: 0.070 ⚠️ Target 2: 0.050 This zone represents the last stand for the bulls — losing it could shift the market into a new bearish phase. 💬 “If 0.089 breaks, strong support becomes a dangerous resistance.” --- ⚙️ Technical Summary Pattern: Descending Triangle Strong Support Zone: 0.100–0.089 Bullish Trigger: 12H close above 0.120 Bearish Trigger: 12H close below 0.089 Market Condition: Price compression under pressure — a large directional move is likely approaching. --- 💡 Trader Insight > “The longer price stays compressed under pressure, the stronger the breakout potential becomes. Direction is uncertain — but the storm is near.” #PYTH #PYTHUSDT #Crypto #TechnicalAnalysis #DescendingTriangle #Breakout #SupportResistance #CryptoChart #PriceAction #AltcoinSetup