$PIVX

/USDT Recovery Momentum Continue 🔥 🎯 🚀

Overview:

Current Price: 0.3357 USDT (-0.21%)

24h Range: 0.3235 - 0.3490 USDT

Volume: 3.04M PIVX (1.02M USDT)

Trend: Slightly bearish short-term, but price is hovering near support.

Key Levels:

Support: 0.3235 (Immediate support), 0.3100 (Stronger support).

Resistance: 0.3490 (Immediate resistance), 0.3600 (Key resistance).

Trade Strategy:

1. Entry:

Buy near 0.3235 if the price holds support, expecting a bounce.

Alternatively, Buy on a confirmed break above 0.3490 for potential bullish momentum.

2. Targets 🎯:

🎯 Target 1: 0.3400 (Short-term resistance area, consider partial profit-taking).

🎯 Target 2: 0.3490 (Next immediate resistance, potential full exit if momentum fades).

🎯 Target 3: 0.3600 (If bullish continuation is confirmed).

3. Stop-Loss:

Below 0.3100 to protect against further downside.

Momentum Check:

RSI: Currently around 40, showing neutral-to-bearish pressure. Look for a reversal above 50 to shift momentum.

MACD: No clear crossover yet, but could turn bullish if the price breaks resistance.

Volume: Relatively low, indicating consolidation or a potential breakout in either direction.

Tip:

Consider buying near 0.3235 for a bounce, but be prepared for a potential move towards 0.3100 if support fails. A break above 0.3490 could signal a stronger bullish trend. Keep your stop tight below 0.3100 to manage risk effectively.

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