Vulcan Forged’s PYR token is showing strong bullish momentum, surging over 7% in the last 24 hours and breaking above key resistance levels. Traders are eyeing continuation as volume and RSI confirm strength.
- Current Price: $1.211
- 24h Change: +7.26%
- 24h High/Low: $1.297 / $1.106
📉 4H Chart Analysis
- Trend: Short-term bullish — price rebounding sharply from $1.10 support
- Support Levels: $1.106 (recent low), $1.050 (historical support)
- Resistance Levels: $1.297 (local high), $1.35 (next breakout zone)
- Pattern: Breakout from descending channel confirmed; strong bullish candles
- Volume: Rising — 5-period MA above 10-period MA, indicating sustained buying pressure
- RSI: 73.8 — overbought zone, signaling potential short-term exhaustion
📰 Market Context
PYR is gaining traction as Vulcan Forged expands its gaming and metaverse ecosystem. Recent updates highlight strong fundamentals, including new partnerships, increased staking activity, and growing adoption of VulcanVerse and Berserk. Analysts on Binance Square note that PYR has successfully broken out from accumulation and is now retesting key zones.
📈 Short-Term Outlook
Bullish. If PYR holds above $1.20 and breaks $1.30 with volume confirmation, a move toward $1.35 or even $1.50 could follow. RSI suggests caution for late entries — a brief consolidation may occur before continuation.
💬 Will PYR maintain its breakout momentum or cool off near $1.30? What’s your next move?
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⚠️ Disclaimer: This is for educational purposes only and is not financial advice.