PIVX/USDT Technical Analysis & Trade Signal
Current Price: $0.3572
24h Change: +5.93%
Technical Analysis:
Trend: Bullish (Recent price increase of +5.93%)
Resistance Levels:
Target 1: $0.3620 (Recent 24h High)
Target 2: $0.3700 (Next resistance zone)
Target 3: $0.3750 (Strong resistance area)
Support Levels:
Support 1: $0.3500 (Minor support zone)
Support 2: $0.3443 (Previous low, significant support)
Momentum: Positive momentum with a recent upward move in price and higher volume, indicating buying strength.
Trade Signal:
Buy Signal: Enter if the price holds above $0.3572, with momentum remaining positive.
Take Profit: Set take-profit orders near $0.3620, $0.3700, and $0.3750, progressively.
Stop Loss: Below $0.3443 for risk management.
Overall, the trade momentum suggests a bullish short-term outlook, but caution is advised if the price retraces below the support level of $0.3443.
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