$PYTH /USDT – Pullback After Impulse
PYTHUSDT
Perp
0.04944
-2.37%
printed a sharp impulse from 0.0576 to 0.0683, followed by a controlled pullback and consolidation around 0.061. This move looks like profit-taking after expansion, not trend failure. Price is stabilizing above the prior breakout zone, which keeps the bullish structure intact. Parabolic SAR is still overhead on the lower timeframe, suggesting short-term pressure, but as long as 0.059–0.060 holds, buyers can attempt another continuation toward the previous high. A loss of 0.058 would weaken the setup and signal deeper retracement.
Trade Setup:
• Buy Zone: 0.0595 – 0.0610
• Targets: 0.0655 / 0.0680
• Stop Loss: 0.0578
Clean structure, clear levels — patience pays here.