: Strong Breakout & Accumulation Play!
I’m watching
$PYR closely right now. After building a clean base through steady accumulation, the price has finally ignited with strong bullish candles, reclaiming key resistance levels.
🔍 Market Analysis
Impulsive Momentum: This aggressive push signals a trend continuation rather than exhaustion, especially coming out of a long consolidation period.
Bullish Structure: The breakout is being supported by volume. As long as
$PYR holds above this newly established support zone, the path of least resistance is upward.
📊 The Trade Setup
🟢 Entry Zone: $0.51 – $0.54
🛡️ Risk Management (SL): $0.48
Market Condition: Reclaiming structural resistance.
🎯 Profit Targets (TP)
Target 1: $0.58 (Immediate resistance)
Target 2: $0.65 (Mid-term goal)
Target 3: $0.75 (Major expansion target)
Nabiha’s Strategy: Consolidation leads to expansion.
$PYR has spent enough time at the bottom; the current reclaim of resistance suggests that the bulls are back in control. Trade the retest and keep your emotions in check!
Analysis by: Nabiha Noor
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