PYR - Two Scenarios
PYR has been in a bearish trend since Dec 2021. It bounced twice recently in Aug and Nov 2024 from a historical Demand zone.
In the long term its bullish. But in the short term I expect 2 scenarios. The yellow is a bearish one that expects a further drop to the demand zone to mark a major bottom, breaking $2.1 confirms the yellow scenario. The white one is bullish and expects the price to continue going up to pass $6.9 which is the confirmation of the white scenario.
In the long term its bullish. But in the short term I expect 2 scenarios. The yellow is a bearish one that expects a further drop to the demand zone to mark a major bottom, breaking $2.1 confirms the yellow scenario. The white one is bullish and expects the price to continue going up to pass $6.9 which is the confirmation of the white scenario.
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