Market Overview for Vulcan Forged PYR (PYRUSDT)

• Vulcan Forged PYR traded in a tight range for most of the 24 hours, with a late surge to a new high of $1.094.
• A bullish breakout above the 1.087–1.091 resistance cluster occurred around 13:00–15:00 ET, supported by strong volume.
• RSI reached overbought territory near 75, suggesting potential short-term profit-taking, but momentum remains intact.
• Bollinger Bands expanded during the breakout, indicating rising volatility and renewed directional bias.
• On-chain volume spiked during the final 6 hours, with turnover reaching $15.7M, suggesting growing institutional interest.

Vulcan Forged PYR opened at $1.060 on 2025-07-26 at 12:00 ET, and closed at $1.092 at 12:00 ET on 2025-07-27. The 24-hour high was $1.094, and the low was $1.056. Total volume traded was approximately 2.8 million PYR, with a notional turnover of around $2.95 million.

Structure & Formations

The 15-minute chart shows a clear breakout from a tight consolidation pattern between $1.06 and $1.085. A key resistance level at $1.087–1.091 was decisively breached, with a bullish engulfing pattern forming around 13:00–14:00 ET. Support levels appear to be forming at $1.074–1.078 and $1.064–1.068, with the latter having held multiple times during pullbacks.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages have both crossed above the 1.07–1.08 range, aligning with the upward bias. On the daily chart, the 50-period MA is approaching the 1.085 level, and the 200-period MA is currently at $1.068, suggesting potential for a longer-term breakout.

MACD & RSI

The MACD turned bullish after 15:00 ET, with a positive crossover and expanding histogram, reinforcing the breakout. RSI reached overbought levels near 75 during the late ET hours, indicating short-term exhaustion but not a reversal. The oscillator remains above 60, suggesting continued upward momentum.

Bollinger Bands

Bollinger Bands showed a period of contraction between 04:00–08:00 ET, followed by a sharp expansion during the breakout. Price has remained near the upper band since 13:00 ET, indicating strong volatility and bullish conviction.

Volume & Turnover

Volume spiked dramatically after 13:00 ET, with a total of $15.7 million in turnover during the last 6 hours of the 24-hour period. This suggests strong buyer participation and aligns with the price action, indicating confirmation rather than divergence.

Fibonacci Retracements

Applying Fibonacci retracement levels to the recent 1.06–1.094 swing, key levels at 61.8% ($1.081) and 78.6% ($1.091) have been tested and held. A break above $1.094 would target the 127.2% level at $1.104, potentially triggering further buying interest.

PYR appears to be entering a new bullish phase, with technicals and volume aligning for a potential continuation. However, a pullback to test the $1.08–1.085 zone could occur before a sustainable move higher is confirmed. Investors should watch for a rejection at this level to maintain the bullish outlook, while a failure to hold above $1.074 could signal a near-term correction.