Binance PYTHUSDT 12h Trend Prediction

Based on various indicators, the PYTHUSDT price has regained upward momentum after breaking out and confirming a pullback. The Bollinger Bands have expanded and approached the upper band, with the bandwidth at a relatively high level, indicating an open space for subsequent fluctuations. The moving average system from MA5 to MA200 shows bullish divergence, demonstrating that short-, medium-, and long-term moving averages fully support an upward trend. The price has moved away from the key moving average support zones, with strong buying momentum. The RSI for both short- and medium-term cycles is in overbought territory, but inertia remains upward, with no clear divergence or top divergence signals observed. Despite some tendency for a correction, the bulls dominate, and further upward momentum is strong. Following the golden cross, the MACD continues to expand, and the momentum bars are rising. The KDJ J-line is strongly lifted toward higher levels, without a reversal signal at the high points, indicating ongoing inertia likely to persist. Large institutional holders' long positions ratio exceeds 1.5, with account ratios also at high levels, suggesting that institutional capital is leading the bullish market. The active buy-sell ratio is slightly below 1, implying room for a continued upward correction. Volatility and ATR are relatively high, and it is expected to remain active over the next 12 hours, with a fluctuation range possibly reaching 0.195 to 0.210. Resistance near R2 poses some pressure; breaking R2 in the short term could open challenge towards R1. Caution is advised for overbought correction risks. Trading suggestion: Focus primarily on short-term long positions, with target range between 0.195 and 0.210. Place stop-loss below 0.172. If an unusual pullback occurs to the MA10-20 zones, cautious profit-taking is recommended. Should divergence signals or MACD momentum weaken, reduce positions to manage risk.