pyronetwork

A 45% red 4‑hour candle just crushed $PYR through the 19‑cent floor in a single bar.
The hidden trap? All the bearish clues line up while the price pretends it’s oversold 👇

Price is screaming “buy‑the‑dip” with an RSI stuck in the low‑teens, yet the EMA7 sits well beneath EMA25, the volume‑profile point‑of‑control is already above today’s low, and a fresh bearish FVG sits from 0.048 to 0.044. Funding is flat, so there’s no premium pushing longs higher. In short, the chart looks bearish, but the internals whisper a potential short‑term bounce that could be short‑lived.

On the 4‑hour picture the current area hovers around the ~0.021 zone. A break above the ~0.022 zone would flip the narrative, but losing the ~0.021 area on a 4‑hour close and sliding toward the ~0.019 objective zone would keep the downside intact. Tap $PYR to pull up the chart and see these levels yourself.

My read: $PYR is likely to drift down toward the low‑19 cent area, and a clean close above ~0.022 invalidates that bias.

Follow me for the next level‑watch update – I’ll break down what happens if the price finally respects the ~0.019 zone. What’s your take on the PYR chart? 👇

⚠️ Not financial advice. DYOR.
#PYR #PyroNetwork #Crypto #BinanceSquare