#pyrtoken
pyrtoken
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Traders are already chanting a bottom, yet the next candles whisper a deeper slide. Read the 4‑hour picture before you settle. 👇
Price is stuck around the 0.021 zone, but the EMA7 is well under EMA25 and RSI sits at 12, signaling a market still fighting the downtrend. The bearish unfilled gap between 0.048 and 0.044 adds extra pressure to push lower.
On the 4H chart the current area hovers around 0.021 — the pivot. If $PYR breaks below the ~0.0222 zone, the read flips, but the next likely target is the ~0.0192 objective zone. Hold the ~0.0222 level as the invalidation line; losing it on a 4H close would nullify this bearish view. The price could drift toward the mid‑0.019s if the momentum stays aggressive.
My take: the chart is still screaming lower; the real risk is a bounce back above 0.0222, which would suggest the downtrend is losing steam.
Follow me for the next breakdown of $PYR’s key zones as the price tests that invalidation level. What do you see happening to $PYR around these levels? 👇
⚠️ Not financial advice. DYOR.
#PYR #PyrToken #Crypto #BinanceSquare
Price is stuck around the 0.021 zone, but the EMA7 is well under EMA25 and RSI sits at 12, signaling a market still fighting the downtrend. The bearish unfilled gap between 0.048 and 0.044 adds extra pressure to push lower.
On the 4H chart the current area hovers around 0.021 — the pivot. If $PYR breaks below the ~0.0222 zone, the read flips, but the next likely target is the ~0.0192 objective zone. Hold the ~0.0222 level as the invalidation line; losing it on a 4H close would nullify this bearish view. The price could drift toward the mid‑0.019s if the momentum stays aggressive.
My take: the chart is still screaming lower; the real risk is a bounce back above 0.0222, which would suggest the downtrend is losing steam.
Follow me for the next breakdown of $PYR’s key zones as the price tests that invalidation level. What do you see happening to $PYR around these levels? 👇
⚠️ Not financial advice. DYOR.
#PYR #PyrToken #Crypto #BinanceSquare
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