PYTHUSDT – Daily Bullish Divergence + Trendline Break | Structure Shift In Play 🔄🚀
What’s up traders 👋
PYTH is showing major signs of reversal on the daily chart — and this isn’t just a one-signal wonder. We’ve got a bullish divergence plus a clean trendline break, which together make a strong case that the downtrend is done (or very close to it).
📈 Bullish Divergence – Momentum Is Turning
Price has been making lower lows
RSI is making higher lows
That’s classic bullish divergence — meaning sellers are still pushing the price down, but the momentum behind the move is fading fast.
This is the kind of setup that often precedes a reversal — especially on a higher timeframe like the daily.
📉 Daily Trendline Break – Structural Confirmation
While divergence gives us a heads-up, the daily trendline break is confirmation. That descending resistance has been holding price down for a while — but not anymore. We’ve got:
A strong breakout candle
Volume rising with the break
Price holding above the broken trendline — flipping resistance into support
That’s exactly what you want to see when momentum shifts.
🎯 What Comes Next?
Watch for a retest of the broken trendline — that would be an ideal entry zone
Look for bullish candles forming above support
Targets can be layered around prior structure levels — let price guide the path upward
🔥 Final Take
This isn’t a meme or hype setup — it’s a technical structure shift backed by momentum divergence. When these two line up on the daily, smart money usually pays attention.
💬 In or waiting on a retest? What’s your PYTH game plan?
Drop your chart or comment below — let’s talk setups!
#PYTH #PYTHUSDT #BullishDivergence #TrendlineBreak #CryptoSetup #PriceAction #Altcoins #TechnicalAnalysis #SmartMoney #SwingTrade
What’s up traders 👋
PYTH is showing major signs of reversal on the daily chart — and this isn’t just a one-signal wonder. We’ve got a bullish divergence plus a clean trendline break, which together make a strong case that the downtrend is done (or very close to it).
📈 Bullish Divergence – Momentum Is Turning
Price has been making lower lows
RSI is making higher lows
That’s classic bullish divergence — meaning sellers are still pushing the price down, but the momentum behind the move is fading fast.
This is the kind of setup that often precedes a reversal — especially on a higher timeframe like the daily.
📉 Daily Trendline Break – Structural Confirmation
While divergence gives us a heads-up, the daily trendline break is confirmation. That descending resistance has been holding price down for a while — but not anymore. We’ve got:
A strong breakout candle
Volume rising with the break
Price holding above the broken trendline — flipping resistance into support
That’s exactly what you want to see when momentum shifts.
🎯 What Comes Next?
Watch for a retest of the broken trendline — that would be an ideal entry zone
Look for bullish candles forming above support
Targets can be layered around prior structure levels — let price guide the path upward
🔥 Final Take
This isn’t a meme or hype setup — it’s a technical structure shift backed by momentum divergence. When these two line up on the daily, smart money usually pays attention.
💬 In or waiting on a retest? What’s your PYTH game plan?
Drop your chart or comment below — let’s talk setups!
#PYTH #PYTHUSDT #BullishDivergence #TrendlineBreak #CryptoSetup #PriceAction #Altcoins #TechnicalAnalysis #SmartMoney #SwingTrade
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.