$PYR /USDT: Eyeing a Breakout? 🚀

1. Price Update: Currently at $4.53, up 0.85% in 24 hours.

2. All-Time High: PYR’s peak was $50 (Nov 2021)—a key resistance.

3. Trendline Insight:

Long-term bearish trend persists with a descending trendline.

Consolidation between $2.05-$4.50 hints at a potential reversal.

4. Support & Resistance:

Strong support: $2.05.

Resistance targets: $17.24 and $34.81 (historical levels).

5. Projection:

A breakout above the trendline could propel PYR to test $17.24, with room for $34.81 if momentum builds.

📊 Indicators to Watch:

Rising volume near breakout points confirms strength.

MACD & RSI for bullish divergences.

Strategies:

Bullish: Entry above $5-$6, target $17.24+, stop loss below $4.

Bearish: Retest of $2.05 if trendline fails.

#PYR2024 #CryptoBreakout #TrendReversal 🚀 #FanTokenHype #AltcoinMoves


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