$PYR $PYR The $PYR /USDT pair has displayed strong bullish momentum over the past 24 hours, with a notable price increase of 5.56%. The current price stands at $2.507, indicating a positive trend.

Key Support and Resistance Levels

Support: The immediate support level is located at $2.250. A break below this level could signal a potential bearish correction.

Resistance: The next resistance level is at $2.660. Breaking above this level could lead to further upward movement.

Technical Analysis

Moving Averages: The 7-day and 25-day moving averages are currently below the price, indicating a bullish trend. The 99-day moving average is also below the price, further confirming the bullish sentiment.

Volume: The 24-hour trading volume is 3.22M for PYR and 7.99M for USDT, indicating significant trading activity.

Entry Signal

Given the current bullish momentum and the support level at $2.250, a potential entry signal could be generated if the price retraces to this level and finds support. Traders could consider a long position with a stop-loss below the support level and a take-profit target at the resistance level of $2.660.#CryptoAMA #16thBTCWhitePaperAnniv #NovCryptoOutlook #USNFPCooldown #Write2Earn!