PYTH / TetherUS
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#PYTH/USDT

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#PYTH

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

We are experiencing a rebound from the lower boundary of the descending channel. This support is at 0.1030.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.

We are heading toward stability above the 100 moving average.

Entry price: 0.1080
First target: 0.1111
Second target: 0.1140
Third target: 0.1180

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