$PIVX /USDT Price Analysis: Catch the Trend with Key Levels

Current Price: $0.3633 (+9.79%)

Targets for Long Trades:

Target 1: $0.3750 (Resistance zone near 24H high)

Target 2: $0.3800 (Breakout level)

Target 3: $0.4000 (Extended bullish target)

Long Trade Signal:

Entry Point: Above $0.3650 for confirmation of momentum continuation.

Stop-Loss: $0.3450 to protect against downside risk.

Strategy: Look for sustained buying pressure with increasing volume. A breakout above $0.3750 could drive the price further.

Targets for Short Trades:

Target 1: $0.3450 (Support zone)

Target 2: $0.3400 (Deeper retracement level)

Target 3: $0.3250 (Key support area)

Short Trade Signal:

Entry Point: Below $0.3550 for a bearish breakdown.

Stop-Loss: $0.3750 to limit risk.

Strategy: Monitor for rejection at resistance near $0.3750. If the price fails to break higher, consider shorting on a breakdown below $0.3550.

Market Insight:

$PIVX /USDT surged from $0.3287 to $0.3781, indicating strong bullish momentum. However, the price is currently consolidating near $0.3633, presenting potential breakout opportunities above $0.3750. Watch for volume spikes to confirm trend direction.

Pro Tip: Always monitor volume and candlestick patterns for confirmation of breakouts or reversals.

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