$PIVX Analysis and Target – Binance
Current Market Overview
Price: $0.3694 (+10.07%)
24h High: $0.3737
24h Low: $0.3266
24h Volume:
PIVX: 16.96M
USDT: $5.94M
$PIVX is showing strong upward momentum, with a significant 10.07% gain over the past 24 hours. The price tested a high of $0.3737, reflecting increasing buyer interest and volume.
Technical Analysis
Key Moving Averages (MA):
MA (7): $0.3667 (short-term support)
MA (25): $0.3546 (medium-term support)
MA (99): $0.3498 (long-term support)
Immediate Resistance:
$0.3755 – A breakout above this level could pave the way for a push towards $0.40 and beyond.
Immediate Support:
$0.3667 (MA 7): A strong short-term cushion.
If broken, next support lies around $0.3546 (MA 25).
Volume and Momentum
The 24h volume remains elevated, indicating strong market interest:
High volume supports the uptrend and suggests that buyers are in control.
Target Levels
1. Immediate Target: $0.3755 (key resistance).
2. Short-term Target: $0.40 – psychological level and next upside barrier.
3. Potential Breakout Target: $0.45 – achievable if the volume remains consistent and the breakout sustains.
Conclusion
$PIVX on Binance is showing bullish signs with strong technical support and volume-driven momentum. Traders should monitor key resistance at $0.3755. A decisive breakout could signal a move towards $0.40-$0.45 in the short term.
Risk Management: Keep an eye on support levels at $0.3667 and $0.3546 to manage downside risks.