$PYTH — Weak High Rejection, Short Setup

Entry: 0.0610–0.0613 🟩

Target 1: 0.0585 🎯

Target 2: 0.0560 🎯

Target 3: 0.0545 🎯

Stop Loss: 0.0628 🛑

ANALYSIS —

Price rallied strongly after multiple breaker confirmations and tapped into the weak high zone around 0.0613. The reaction at this level shows exhaustion and lack of strong continuation.

If price fails to break and hold above the weak high, a pullback toward the imbalance/support zone near 0.0560 is likely. That blue demand area is the main liquidity target. A clean break above 0.0628 invalidates the short bias.

Trade Here 👇 $PYTH

PYTH
PYTHUSDT
0.05422
-3.79%