$PIVX /USDT: Range Breakout Opportunity
1. Entry Point: $0.3650 (confirmation above current resistance)
2. Take Profit Targets:
TP1: $0.3800
TP2: $0.3950
TP3: $0.4100
3. Stop Loss: $0.3500
4. Technical Insight: $PIVX /USDT is consolidating within a range. A breakout above $0.3650 will confirm bullish momentum, with room for upward targets.
5. Risk-Reward Ratio: Optimized for a 1:3 setup, ensuring minimal risk for significant upside.
6. Trend Outlook: Short-term bullish bias reinforced by higher lows and steady volume.
7. Volume Confirmation: Look for increased buying pressure to validate the breakout setup.
8. Trailing Stop Suggestion: Shift SL to $0.3650 after hitting TP1 to secure gains.
9. Timeframe: Suitable for short-term swing traders and momentum-based strategies.
10. Reminder: Apply disciplined risk management and book partial profits as targets are reached.