$PYR /USDT Technical Update - Consolidating Near Support Levels

Current Price: $2.849 (-2.23%)

Key Highlights:

24H High: $2.925

24H Low: $2.746

Volume: 641,270 PYR

Technical Overview:

$PYR/USDT is trading near its 24H low of $2.746, with limited upward momentum. The price is hovering near the 7 EMA ($2.845) and 25 EMA ($2.843) but remains below the 99 EMA ($2.995), suggesting the downtrend is still intact.

Support Levels: $2.800 | $2.750

Resistance Levels: $2.900 | $3.000

What’s Next?

If $PYR holds above $2.800, it may attempt to test $2.900. However, a breakdown below $2.800 could lead to a retest of the $2.750 support.

Strategy:

Consider entries near $2.820-$2.850 with targets at $2.900 and $3.000. Use a stop-loss at $2.750 to manage risks.

Observation:

The price is showing signs of stabilization, but a break above $2.900 with increased volume is needed to signal a reversal.

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