Why is $PYR sliding under its own short‑term EMA and what level could finally catch the drop? 👇
The 4‑hour chart screams bearish: EMA7 (≈0.034) sits well below EMA25 (≈0.047), and RSI is stuck at 12, meaning almost no buying pressure. The volume‑profile point‑of‑control sits at 0.060 — far above today’s price, so real demand is way up the ladder. A fresh bearish price gap (FVG) from 0.048 to 0.044 remains unfilled, adding extra downside bias.
Key 4H zone: if $PYR loses the ~0.021 area (the current pivot) and breaks below the ~0.022 invalid‑ation line, the next likely target is the ~0.019 objective zone. Tap $PYR to pull up the chart and see these levels yourself.
My read: the chart is pointing toward a deeper pull‑back toward the low‑20 ¢ range, and any bounce above the 0.022 zone would likely be short‑lived.
Follow me for the next update when the 0.019‑0.020 area is tested – you’ll know exactly what the market is trying to tell you.
What do you think PYR will do around the 0.019‑0.020 zone? 👇
⚠️ Not financial advice. DYOR.
#PYR #Crypto #BinanceSquare #TopLoser
The 4‑hour chart screams bearish: EMA7 (≈0.034) sits well below EMA25 (≈0.047), and RSI is stuck at 12, meaning almost no buying pressure. The volume‑profile point‑of‑control sits at 0.060 — far above today’s price, so real demand is way up the ladder. A fresh bearish price gap (FVG) from 0.048 to 0.044 remains unfilled, adding extra downside bias.
Key 4H zone: if $PYR loses the ~0.021 area (the current pivot) and breaks below the ~0.022 invalid‑ation line, the next likely target is the ~0.019 objective zone. Tap $PYR to pull up the chart and see these levels yourself.
My read: the chart is pointing toward a deeper pull‑back toward the low‑20 ¢ range, and any bounce above the 0.022 zone would likely be short‑lived.
Follow me for the next update when the 0.019‑0.020 area is tested – you’ll know exactly what the market is trying to tell you.
What do you think PYR will do around the 0.019‑0.020 zone? 👇
⚠️ Not financial advice. DYOR.
#PYR #Crypto #BinanceSquare #TopLoser
