🚨 $PYR /USDT TRADING SIGNAL ALERT – 15-Minute Time Frame 🚨
The PYR/USDT pair has shown significant strength, currently trading at 2.578 USDT, with a notable increase of 8.23% within the last 24 hours. This bullish momentum is supported by a strong push upwards, indicating heightened buying interest and potential for further gains.
Key Levels to Watch:
Resistance: The main resistance level is at 2.660 USDT. A breakout above this could propel PYR to new short-term highs, attracting momentum traders.
Support: Immediate support lies at 2.250 USDT. If PYR retraces to this level and holds, it may serve as a strategic entry point for traders looking to ride the next wave up.
Trade Entry: An optimal entry point would be around 2.530 USDT, allowing traders to capitalize on any rebound toward resistance.
Targets:
Take Profit 1 (TP1): 2.600 USDT – This level provides a conservative profit point for those looking to secure early gains.
Take Profit 2 (TP2): 2.650 USDT – For traders aiming to capture more upside, this target represents a mid-level profit zone.
Take Profit 3 (TP3): 2.700 USDT – This extended target is ideal for those anticipating a sustained rally.
Stop Loss (SL): Positioned at 2.220 USDT, this stop-loss level is just below the support, offering downside protection in case of a trend reversal.
This setup balances potential rewards with prudent risk management. Watch for volume and price action near resistance and support levels to gauge market sentiment. Adjust entries and exits based on momentum and any shifts in market conditions.
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