Technical Analysis for $PYR

/USDT🔥🚀💯💯

Current Price: $3.169

Trend: Bullish (up +4.04% in the last 24 hours, indicating upward momentum)

Support Levels:

1st Support: $3.00

2nd Support: $2.93

Resistance Levels:

1st Resistance: $3.22

2nd Resistance: $3.40

Moving Averages: Price is above the 50-day and 200-day moving averages, indicating a bullish long-term trend.

RSI: Around 60 (neutral, but nearing overbought, suggesting potential for consolidation or pullback)

Trade Signal & Target Levels 🎯

Long Entry: $3.17 (breakout above resistance and sustained buying momentum)

Target 1: $3.30 (next resistance zone)

Target 2: $3.50 (possible higher resistance in case momentum strengthens)

Target 3: $3.70 (higher growth potential if sustained rally continues)

Trade Momentum

Current Momentum: Strong bullish momentum, with increasing volume suggesting continued upward pressure. Watch for retracement near resistance levels, but overall the market sentiment is positive. Consider entering on dips or breakouts near $3.17, targeting higher resistance areas as profit-taking zones.

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