$PYR /USDT Trading Signal – Consolidation After Pullback
The market for $PYR/USDT is experiencing a recovery after testing the $2.575 support zone. The price is currently trading at $2.737, hinting at potential upward momentum.
Entry Range: $2.70 – $2.75
Targets:
Target 1: $2.85
Target 2: $2.95
Stop Loss: $2.57
Market Insights:
A strong bounce from $2.575 confirms it as a reliable support level.
Immediate resistance at $2.85, followed by $3.02. Breaking these could lead to a significant rally.
Increased trading volume around $2.70 signals potential accumulation.
Strategy:
Watch for a breakout above $2.75 to confirm bullish momentum. A sustained move beyond $2.85 could drive the price toward $2.95. Traders should set a stop-loss below $2.57 to manage risks effectively.
Key Levels to Watch:
Resistance: $2.85, $3.02
Support: $2.575
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