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PYTH (15m) Bias: Bearish 🔴
Setup: Aggressive Short on Rejection
Entry: 0.0388–0.0390 zone (current area)
Stop Loss: 0.0405 (above recent swing high)
TP1: 0.0381
TP2: 0.0374
TP3: 0.0367
Analysis:
Price failed to hold above the 0.0403 local top and is printing lower highs on the 15m chart. The strong rejection candle from resistance suggests momentum exhaustion after the pump. As long as 0.0405 remains intact, the structure favors a continuation toward lower support levels. A reclaim above 0.0403 would invalidate the bearish setup and shift momentum back to buyers.