#PYTH/USDT scalp short to 0.1523

1. Sept.

#PYTH

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.

We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the decline.

There is a major resistance area (in green) at 0.1833, which represents strong resistance.

For inquiries, please leave a comment.

We are in a consolidation trend below the 100 moving average.

Entry price: 0.1707
First target: 0.1646
Second target: 0.1588
Third target: 0.1523

Don't forget a simple matter: capital management.

When you reach the first target, save some money and then change your stop-loss order to an entry order.

For inquiries, please leave a comment.

Thank you.

7. Sept.

Trade geschlossen: Ziel wurde erreicht

#PYTH
First target: 0.1646 Reached
Second target: 0.1588 Reached
Third target: 0.1523 Reached