A 45% single candle wipe isn't volatility. That's a market telling you something structural broke.
The 4H RSI is near 12. Sellers exhausted, but no buyers yet. The last bounce got cut short near 47 and faded straight back down.
Price is camped near 0.021. The only invalidation that matters: a 4H close back above 0.022. If that holds as resistance, the next logical test is the 0.019 zone.
Don't mistake this for a pullback. The bearish FVG at 0.044–0.048 and the daily EMA7 at 0.041 are miles above. This is a floor falling out.
Futures data confirms it: funding flat, open interest zero. No squeeze to reverse. Spot-driven capitulation is slow and unforgiving.
Oversold can stay oversold when there's no bid.
If $PYR can't reclaim 0.022 on a 4H close, 0.019 is next. Tap $PYR and pull up the chart — the levels are all there.
Follow me for the follow-up read if this support zone gets tested.
What level are you watching on $PYR right now? 👇
⚠️ Not financial advice. DYOR.
#PYR #VulcanForged #Crypto #BinanceSquare
The 4H RSI is near 12. Sellers exhausted, but no buyers yet. The last bounce got cut short near 47 and faded straight back down.
Price is camped near 0.021. The only invalidation that matters: a 4H close back above 0.022. If that holds as resistance, the next logical test is the 0.019 zone.
Don't mistake this for a pullback. The bearish FVG at 0.044–0.048 and the daily EMA7 at 0.041 are miles above. This is a floor falling out.
Futures data confirms it: funding flat, open interest zero. No squeeze to reverse. Spot-driven capitulation is slow and unforgiving.
Oversold can stay oversold when there's no bid.
If $PYR can't reclaim 0.022 on a 4H close, 0.019 is next. Tap $PYR and pull up the chart — the levels are all there.
Follow me for the follow-up read if this support zone gets tested.
What level are you watching on $PYR right now? 👇
⚠️ Not financial advice. DYOR.
#PYR #VulcanForged #Crypto #BinanceSquare