🚨 $PYR
/USDT Technical Analysis – Momentum Building for a Potential Breakout! 🚨
$PYR is currently trading at $4.053, up 6.52% in the last 24 hours. After bouncing from its 24-hour low of $3.789, the price is approaching a crucial resistance level, signaling a possible continuation of its bullish momentum.
Key Levels to Watch:
1. Resistance 1: $4.260 – Breaking above this level could initiate a move toward the next resistance.
2. Target 2: $4.638 – A breach here would likely fuel further buying interest, driving the price higher.
3. Final Target: $4.745 – A successful breakout could pave the way for a retest of this major resistance level, a key zone for profit-taking.
Support Level:
If faces rejection, expect support around $3.789. A drop below this level could indicate bearish sentiment, pulling prices lower toward $3.500.
Market Sentiment:
With rising volume and steady price action, $PYR is showing signs of strength. Keep an eye on these levels as the next move will determine the short-term trend.