📢 TRADING SIGNAL: $PYR / $USDT
🟢 Direction: LONG
📊 Confidence: 72.8%
📉 Technical analysis:
The technical structure indicates a strong bullish impulse with the price trading above the EMA20 at 0.0783 and the EMA50 at 0.073, confirming a solid primary trend. The RSI is at 62.84, reflecting healthy bullish momentum, while the MACD shows a bullish crossover with a value of 0.0042 above the signal of 0.0036. Despite an ascending wedge pattern, the dynamic support remains firm near 0.07, setting the stage for a possible breakout toward the immediate resistance at 0.098.
🎯 Trading levels:
🟢 Entry: 0.08081
🛑 Stop Loss: 0.07121
🏁 TP1: 0.09361
🏁 TP2: 0.09681
🏁 TP3: 0.10321
⚖️ Risk/Reward Ratio: 1:1.33
⏱️ Timeframe: 1H
📐 Confluence: 3/5
The key level to watch is the 0.098 resistance; the entry condition requires waiting for the pullback to 0.08081, and the main risk lies in invalidation by falling below the 0.07121 support.
#crypto #PYR #trading
🟢 Direction: LONG
📊 Confidence: 72.8%
📉 Technical analysis:
The technical structure indicates a strong bullish impulse with the price trading above the EMA20 at 0.0783 and the EMA50 at 0.073, confirming a solid primary trend. The RSI is at 62.84, reflecting healthy bullish momentum, while the MACD shows a bullish crossover with a value of 0.0042 above the signal of 0.0036. Despite an ascending wedge pattern, the dynamic support remains firm near 0.07, setting the stage for a possible breakout toward the immediate resistance at 0.098.
🎯 Trading levels:
🟢 Entry: 0.08081
🛑 Stop Loss: 0.07121
🏁 TP1: 0.09361
🏁 TP2: 0.09681
🏁 TP3: 0.10321
⚖️ Risk/Reward Ratio: 1:1.33
⏱️ Timeframe: 1H
📐 Confluence: 3/5
The key level to watch is the 0.098 resistance; the entry condition requires waiting for the pullback to 0.08081, and the main risk lies in invalidation by falling below the 0.07121 support.
#crypto #PYR #trading