💎A notable change in sentiment is unfolding for #PYRUSDT following the breakthrough above the downtrend trendline. Since then, the previous support has once again become a demand zone. Over the past 7 days, there have been multiple rejections near the $3.00 psychological support level, emphasizing the vigorous defense by bulls.
💎Additionally, the current price position is situated at the bottom of an ascending channel, presenting an intriguing entry point for potential buyers. Anticipate a potential 24% price increase within one or two weeks, as the primary resistance lies near $3.80, coinciding with a double Fibonacci resistance area.
💎While some attempts by #PYR to test lower levels or produce temporary spikes below the support level may occur, it is crucial to monitor the $2.95 level as a key invalidation signal for the bullish scenario. Bulls remain in control as long as the price remains above this level.
Stay vigilant and seize the opportunities, Paradisers! 🌴
💎Additionally, the current price position is situated at the bottom of an ascending channel, presenting an intriguing entry point for potential buyers. Anticipate a potential 24% price increase within one or two weeks, as the primary resistance lies near $3.80, coinciding with a double Fibonacci resistance area.
💎While some attempts by #PYR to test lower levels or produce temporary spikes below the support level may occur, it is crucial to monitor the $2.95 level as a key invalidation signal for the bullish scenario. Bulls remain in control as long as the price remains above this level.
Stay vigilant and seize the opportunities, Paradisers! 🌴
Trade fechado: objetivo atingido
💎 It took #PYRUSDT 45 days to hit our forecasted resistance, yielding a 24% profit. The journey wasn't smooth, with the price remaining volatile over those 45 days.💎 Only in recent days did we see a significant price surge. There were three attempts to reach the double Fibonacci resistance zone, but it was only on the third try that it was achieved.
💎 Throughout this volatile period, $NASDAQ:PYR never even approached our bullish invalidation point. It's evident that the volume has increased.
💎 This trend is likely to continue if the bulls break our resistance. As of now, the resistance stands firm, but we're keeping a close eye on the price action for any potential breakout.
💎 Congratulations to all the Paradisers who stayed patient and trusted the process. Your dedication and belief in our analysis have paid off.
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Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.