$PYTH is losing its grip as the range narrows. The breakdown is looking inevitable.

$PYTH SHORT

Entry: 0.056 – 0.057

SL: 0.0592

TP1: 0.0524

TP2: 0.0492

TP3: 0.0466

Consolidating into a tight pennant after a sharp rejection from the highs. We’re seeing a significant loss of volume on the buy side, and the price is struggling to stay above the middle of the range. A breakdown from this consolidation will likely trigger a flush toward the liquidity pools waiting at the lower support levels.

Trade $PYTH

PYTHUSDT

Διην.

0.05328

-5.21%