PYTH / TetherUS
Long

#PYTH/USDT

167
#PYTH

The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.

We have a trend to stabilize above the 100 moving average once again.

We have a downtrend on the RSI indicator that supports the upward move with a breakout.

We have a support area at the lower limit of the channel at 0.1800, which acts as strong support from which the price can rebound.

Entry price: 0.1860
First target: 0.1941
Second target: 0.2036
Third target: 0.2160

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