Post
--Bullish
Ali Al-Shami
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PYRUSDT — Critical Zone: Bounce Zone 💥
$PYR
#PYRUSDT #PYR
The price is moving within a descending channel on a 1-hour timeframe and has hit the lower boundary. It's now primed for a bounce and likely to retest this level.
The Relative Strength Index (RSI) indicates a bearish trend, and this trend is expected to continue due to overbought conditions.
There's a key support zone (in green) at 0.220, and the price has bounced off this area multiple times, making it a strong support level.
#PYRUSDT #PYR
The price is moving within a descending channel on a 1-hour timeframe and has hit the lower boundary. It's now primed for a bounce and likely to retest this level.
The Relative Strength Index (RSI) indicates a bearish trend, and this trend is expected to continue due to overbought conditions.
There's a key support zone (in green) at 0.220, and the price has bounced off this area multiple times, making it a strong support level.