【$PYTH Signal】Bullish | Breakout and Pullback Confirmation, Main Force Accumulation Structure
$PYTH After a volume breakout above the 4-hour EMA20, a healthy pullback is underway. Deep imbalance reaches 3.95%, with buy-side thickness significantly exceeding sell-side, indicating institutional support at key levels. Open Interest remains stable, funding rates are moderate, with no short squeeze risk. This is a typical accumulation structure before trend initiation.
🎯Direction: Long
🎯Entry: 0.0450 - 0.0454 (Breakout above the upper boundary of the previous zone and EMA20 support)
🛑Stop Loss: 0.0443 (Break below the previous 4-hour candle body low, rigid stop loss)
🚀Target 1: 0.0475 (Previous wave high and EMA50 resistance)
🚀Target 2: 0.0495 (Previous high resistance zone on the daily chart)
Core Logic: After the price breaks above 0.0449 EMA20, during the pullback, the buy-side depth (Bids) is unusually heavy, a typical order flow accumulation. The 4-hour RSI recovers from oversold to 53, remaining in a healthy neutral zone, leaving room for further upward movement. ATR indicates volatility contraction; combined with volume-price analysis, this pullback is a healthy reset after breakout, not a top distribution. The key is whether the price can establish support in the 0.0450-0.0454 range. Once confirmed, it will push toward higher liquidity zones.
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【$PYTH Signal】Bullish | Breakout and Pullback Confirmation, Main Force Accumulation Structure
$PYTH After a volume breakout above the 4-hour EMA20, a healthy pullback is underway. Deep imbalance reaches 3.95%, with buy-side thickness significantly exceeding sell-side, indicating institutional support at key levels. Open Interest remains stable, funding rates are moderate, with no short squeeze risk. This is a typical accumulation structure before trend initiation.
🎯Direction: Long
🎯Entry: 0.0450 - 0.0454 (Breakout above the upper boundary of the previous zone and EMA20 support)
🛑Stop Loss: 0.0443 (Break below the previous 4-hour candle body low, rigid stop loss)
🚀Target 1: 0.0475 (Previous wave high and EMA50 resistance)
🚀Target 2: 0.0495 (Previous high resistance zone on the daily chart)
Core Logic: After the price breaks above 0.0449 EMA20, during the pullback, the buy-side depth (Bids) is unusually heavy, a typical order flow accumulation. The 4-hour RSI recovers from oversold to 53, remaining in a healthy neutral zone, leaving room for further upward movement. ATR indicates volatility contraction; combined with volume-price analysis, this pullback is a healthy reset after breakout, not a top distribution. The key is whether the price can establish support in the 0.0450-0.0454 range. Once confirmed, it will push toward higher liquidity zones.
Trade here 👇 $PYTH
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