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$PYTH / USDT (15m Scalping Setup) đš
đ Market Overview:
PYTH is trending bullish on the 15m chart, closing at $0.1591 (+1.9%) near the upper Bollinger Band. Momentum is strong đȘ with green candles + positive MACD, but RSI (82) shows overbought â treat as a momentum scalp with tight risk.
⥠Trade Setup:
â Entry: $0.1591 (or dip to $0.1580 for better R:R)
đ Stop-Loss: $0.1545 (below 24h low & lower BB)
đŻ Take-Profit:
âą TP1: $0.1605 (partial exit)
âą TP2: $0.1620 (24h high retest)
đ Risk/Reward: ~1:0.6 (conservative scalp)
đĄ Manage tight, trail profits, exit early if RSI < 70 or MACD flips bearish.
â ïž Note: Volume is lagging â watch for spike confirmation before full-size entry. Risk †1â2% of portfolio.