🚨 $PYTH Long Liquidation Alert – Bearish Pressure Increasing

💵 Entry Price: $0.03911

📈 Support Levels:

• $0.0385

• $0.0378

• $0.0370

🚧 Resistance Levels:

• $0.0398

• $0.0408

• $0.0420

🚀 Next Target: If $0.0385 fails to hold, $PYTH could extend its decline toward the $0.0378–$0.0370 support zone.

📉 Market Analysis:

A $1.006K long liquidation suggests bullish positions were forced to close as selling pressure intensified. While the liquidation size is relatively modest, traders should watch for increased volume and a confirmed breakdown to validate further downside.

⚡ Risk Level: Medium

📌 Trading Plan:

Monitor the $0.0385 support level closely. A decisive break with strong selling volume may signal additional downside, while a rebound above resistance could indicate buyers are returning.

💡 Pro Tip:

Avoid entering trades based solely on liquidation events. Wait for price confirmation, manage leverage carefully, and always trade with a well-defined stop-loss.

🔥 Conclusion:

The latest long liquidation highlights growing short-term bearish sentiment for $PYTH. Stay patient, stick to your trading plan, and let the market confirm the next opportunity before entering. $PYTH

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