đź’Ž Paradisers, prepare for an attractive trading opportunity with #PYTHUSDT, as it's showing potential for a bullish continuation following a retest of its demand zone.
đź’Ž Examining #PYTHNETWORK past performance, we've observed its consistent movement within a descending channel. Interestingly, it has also formed a cup and handle trajectory. Currently, it has broken above the handle, increasing the likelihood of a bullish move from the retest of the demand level at $0.35044. If the momentum is sustained, our target is set above the major supply zone at $0.55717.
đź’Ž Nonetheless, in the ever-changing world of trading, having an alternate strategy is key. Should our initial analysis not come to fruition, we're ready to pivot to a potential bullish rebound from a lower support level at $0.30686. Keep in mind, however, that breaking below this level could lead to a considerable bearish descent.