$PYR USD (PYR/USDT) - Bull Run Confirmation and Trading Strategy 🚀📈
The $PYR /USDT pair has seen a significant upward movement today, with a price increase of +2.91%. Currently, it is trading around 2.692, showing positive momentum. The pair has been on a volatile ride over the past 30 days, but with the recent bullish move, we can now confirm the bull run 🐂💹.
Key Levels:
Support Level: 2.550 💪
Resistance Level: 2.700 🚧
Current Price: 2.692 📊
Target: We expect a potential upward move towards the next resistance at 2.750, with a target range of 2.800 to 2.850 🎯. If the bullish momentum continues, further gains can be anticipated 📈.
Stop Loss: To manage risk, place a stop-loss order below 2.550 to protect your capital ⚠️. A stop loss at 2.530 is recommended 🛑.
Trade Strategy:
1. Entry Point: Consider entering the trade at current price levels around 2.692, with confirmation of continued bullish momentum 🔥.
2. Risk Management: Set a stop loss at 2.530 and be prepared for potential price fluctuations .
3. Exit Strategy: Aim for 2.800 to 2.850 as your exit point 💰.
Conclusion: The current trend shows signs of a bullish market for $PYR 🚀, and the technical indicators support further upward movement. Be sure to manage your position with a solid stop loss, and keep an eye on the market's price action 👀.
Remember, always trade responsibly and ensure proper risk management 🛡️.