PYTHUSDT is trading back into two overlapping BC reaction zones after a strong expansion leg. That makes this a valid refuel area, but not an automatic long. BC is location first, not confirmation.Structurally, the bullish case is still alive while price holds this corrective area and avoids acceptance lower. The prior upside displacement already cleared near-term external liquidity, and the current pullback is working back into internal liquidity from that move.
If buyers defend this BC stack and price shows rejection with displacement back above the local range, the next logical draw remains the higher C zone above, around the prior expansion target area. That would fit the SK sequence: correction into BC, then continuation toward C.
The long idea weakens if price accepts below the overlapping BC area and starts trading back under the recent B-side structure. That would shift the read from refuel to failed continuation.
Disclaimer:
This is not financial advice.
Trade fechado: objetivo atingido
Price built liquidity at the BC levels before delivering into the C targets.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.