$PYR PYR is showing strong momentum with a **13.25% surge** to **$1.402**, testing key resistance levels in the gaming sector. The price sits comfortably above all moving averages (**MA7: $1.373, MA25: $1.358, MA99: $1.280**), confirming bullish dominance. However, the **RSI(6) at 76.47** signals overbought conditions, suggesting potential short-term consolidation.
**Critical Levels:**
- Immediate resistance at **$1.405** (24h high)
- Strong support at **$1.358** (MA25)
- Psychological barrier at **$1.450** if breakout continues
**Market Dynamics:**
- Price is retesting the **$1.402-$1.405** resistance zone
- Trading volume (**1.47M PYR / $1.92M**) supports the move
- A daily close above **$1.405** would confirm breakout
**Trading Strategy:**
1) **Breakout Play:**
- Enter above **$1.407** with target **$1.450**
- Stop-loss below **$1.380**
2) **Pullback Opportunity:**
- Watch for dip to **$1.358-$1.373** support zone
- More favorable risk-reward at these levels
**Conclusion:**
While PYR shows strong upside potential, the overbought RSI suggests waiting for either a confirmed breakout above $1.405 or a healthy pullback before entering new positions. The gaming sector momentum could fuel further gains if resistance breaks.
