Juicy $PYTH setup right here. Chart looks absolutely primed. Are we entering? 👀

Alright team, let's break down this juicy $PYTH chart and see what's cooking. This weekly view is looking very interesting after a substantial correction!

On the $PYTH 1W chart, we can clearly see a powerful rejection from the strong support zone around $0.0835. The price has since rallied significantly, currently trading around $0.1540. Our major target sits at $0.5588, which represents a significant upside from current levels and a retest of previous highs. The setup suggests accumulation post-downtrend.

Given the clear bounce from such a robust support, I believe $PYTH is consolidating before its next major move up. Smart money is likely accumulating here. A good strategy would be to consider scaling in on any dips towards previous resistance-turned-support or holding current positions for the long-term target.

Highly recommend HOLD and Stacking $PYTH at Binance.

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